NMIMS Distance PGDM Syllabus
NMIMS Distance PGDM Syllabus
NMIMS Distance PGDM Syllabus
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
6 Written and Oral Communication 4
Semester-3 Subjects Credits
4 Retail Banking 4
2 Corporate Finance 4
5 Business Law 4
6 Project 4
Semester I
1. Management Theory & Practice
Syllabus
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
3. Business Economics
Syllabus
Syllabus
Communication in workplace
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
5. Operations Management
Syllabus
• Verbs –[tenses; active and passive voice; Subject-Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
• Telephone, Tele-conferencing
Semester III
1. Commercial Banking System & Role of RBI
Syllabus
Basic Cost Concepts: Cost Classification; Elements of costs – Material & Labour Elements of
costs – Overheads Absorption Traditional vs. Activity Based Costing Methodology; Transfer
Pricing
Costing Systems: Process Costing – Joint Products; By Products; Marginal Costing and
Absorption Costing
Costing and Short‐run Alternative Choices: Make or Buy/Limiting Factors; Continue or
Shot
Down; Relevant Costs & Strategic Cost Management
Control Systems: Long Range and Short Range Planning; Elements of Budgeting; Standard
Costing – Variance Analysis; Corporate Performance Measurement System; Pricing Decisions
4. Retail Banking
Syllabus
Semester IV
1. International Banking & Foreign Exchange Management
Syllabus
Foreign Exchange Management Act (FEMA 99) – Salient features – Differences between FERA73
& FEMA99 – Authorised Dealers in foreign Exchange – Role Foreign exchange Dealers
Association of India (FEDAI) – Money changers
Role of Correspondent banking – Operations in Nostro, Vostro, loro and Mirror A/Cs – Swift,
Chips, Chaps, Fedwire – Forex clearing by CCIL
Foreign Exchange Markets – Structure of the market – Types of transactions – Direct/Indirect
Quotations – Cross rates – Merchant Rates – TT Buying/bill buying – TT Selling/Bill selling –
FEDAI
Rules – International Remittances
Factors Affecting spot Exchange Rates – Financial, Political & Economic – Forward rates –
Premium/Discount – Factors affecting forward rates
Dealing Room operations – Functions of Front office – Back Office – mid office – Exchange
position/cash position – Day light/overnight limits
Funds Management by dealers – Integrated Treasury Operations – Money and Forex Market
coordination – Use of Forex Swaps
NRI Accounts – Indian rupee and foreign currency accounts – NRO, NRE, FCNR(B) A/cs –
Features
Basics of derivatives – Forward Rate agreements – Options, IRS, Currency swaps – Currency
Futures – Its nature & feature
Exchange Rate System – Role of IMF – Fixed/floating exchange rates – Managed floating –
Emergence of Euro as a single common currency
Financing of Foreign Trade – Modes of payments in foreign trade – Pre‐shipment and Post-
shipment
credits – Assessment of export/import Finance – Documentary Credits – variants of
Letters of credit – Shipping documents – Uniform Customs & Practice for documentary credits –
UCP600.
Managing Foreign Exchange Risks – Hedging – Transaction/Translation Exposures of firms
Functions of ECGC – Exporter’s Policies – Guarantees to banks – Claim settlement procedures
Exim Bank – Forfaiting of bills – Export credit services – Value added services – Euro Markets –
Euro loans – Syndication – International Bonds – Euro commercial Papers – Medium Term
Notes – ADR/GDR issues – FDI/FII in India – Role of RBI and Authorised dealers
2. Corporate Finance
Syllabus
Risk – Risk identification evaluation, Property and liability Loss exposures, Life, Health, and Loss
of Income exposures and non‐insurance risk management techniques. Selecting and
Implementing Risk Management techniques.
Property and liability risk Management – Risk Management of commercial property, Business
liability and risk management insurance – Worker’s compensation and alternative risk
managing.
Risk Management of Auto owners – Insurance Claims – the need for insurance‐personal
automobile policy‐personal automobile rating – premium and death rates‐cost containment-
advances in driver and auto safety. Risk Management of home owners policy coverage‐perils
covered by the policy‐flood Insurance‐personal articles floater‐personal risk management.
Loss of Life – types of life insurance – tax incentives for life insurance – Life insurance contract
provisions. Loss of Health – health insurance providers – mechanics of cost sharing – health
expense insurance – disability income insurance – health insurance policy provisions – health
care reforms. Annuities – structure of annuities – annuity characteristics – annuity taxation.
Employees benefits – health and retirement benefits.
Life and General insurance industry in India – IRDA Act – Investment norms – Protection of
policy holders Interest.
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation,
agreement, to sell, requisite of a valid contract, offer and invitation to offer, modes of
acceptance, communication of offer, express and implied terms, standard forms of contract,
exclusion clauses, kinds of agreement, valid, void and voidable agreement; unilateral, bilateral
and international contracts; Validity‐kinds of mistake, mistake of law and fact‐and the remedies
thereof available, Misrepresentation of material fact, fraudulent and innocent
misrepresentation and the remedies available, coercion and undue influence the effects and
the remedies available to the aggrieved. Undue influence the effects and the remedies available
to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of
Contracts and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and
illegal agreement, Agreement void under the Statue. Quasi Contracts; Termination and
discharge of contract: Performance of contract, Different modes of discharge of contract,
Performance as to place, time, joint performance of promises, apportionment of payments.
Discharge by agreement, Novation and assignment, remission of performance, discharge by
frustration‐when plea of frustration is admission and the rights and liabilities of the parties
when frustration operates; Breach of Contract‐breach and anticipatory breach of contracts,
damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference
between indemnity and guarantee, surely and indemnifier, specific guarantee and continuing
guarantee; Rights of the indemnified, surety right against principal debtor and Co‐surety;
Bailment, Pledge and Finder of Goods‐ Nature and essential features of bailment and pledge,
bailment for reward gratuitous bailment, bailee’s duty, pledge as a special kind of bailment.
Pawnee’s right against the pawner and Pawners right against the Pawnee. Finder of goods as
quasi as quasi bailee, duties of finder of goods and his rights and liabilities for reward, sale; Law
of agency‐Agency and other forms of Contract, Types of Agencies like by holding out, operation
of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified, Relationship of
principal and agent, Rights and liabilities of the Agent against third party, Rights and liabilities of
the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished
from agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions
and warranties; Transfer of title by non‐owners; doctrine of caveat emptor; performance of the
contract of sale; Unpaid seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Distinction between partnership firm,
Co‐ownership joint Hindu family and joint stock companies, legality of the partnership firm,
types of partners; Express and implied authority, scope of implied authority, Rights and
liabilities of a partner against third party and other partners; Rights of newly admitted partners,
retiring and deceased partners, registration of and dissolution of partnership forms; Overview
of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable
instruments, material alteration, noting and protesting. Law relating to foreign bills their noting
and protesting etc; Law relating to payment of customer’s cheques of paying banker‐rights and
duties, overdraft agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques,
liability due to negligence of parties and material alteration, payment in due course; Law
relating to the collecting banker‐statutory protection, effects of negligence, role as a agent or
holder in due course, precautions to be taken in collection of bills, cheques for the customers
and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage
of goods, classification of carrier‐common carrier, private carrier, gratuitous carrier,
responsibility of common carrier and Bailee, rights of a common carrier, duties of a common
carrier, liabilities of a common carrier, distinction between a common carrier and private
carrier; Carriage of goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of
goods, Provision of rate risks, railway receipt, liability of railway administration from wrong
delivery, responsibility of railway administration as career‐of goods, of animals, of luggage,
exoneration from liability in certain cases, delay or retention in transit, railway risk rate, liability
for damages to goods in defective condition or defectively packed and liability after termination
of transit; Carriage by Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and the
(Indian) Bill of Lading Act, 1856‐contract of affreightment, express and implied terms in a
contractor of carriage by sea‐implied warranty of seaworthiness, implied warranty of
commencement of voyage, Non-deviation of voyage, Shipper not to ship dangerous goods, bill
of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint, consumer, contract of service and contract of service, consumer dispute, restrictive
trade practice, defect, deficiency; Consumer protection council‐central consumer protection
council, state consumer protection council, district consumer protection council; Redressal
machinery, jurisdiction, complaint before them, district forum, sate commission, national
commission, limitation period, administrative control, power of redressal agencies; Nature and
scope of remedies under the act‐ appeals penalties proceeding before consumer forums and
applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel,
chairperson, commission, consumer, Director General, Enterprises, goods, member, etc., Anti
Competitive Agreement, Prohibition of abuse of dominant position, Combination; Competition
Commission of India‐Establishment, powers of them member, inquiry into certain agreement
and dominate position of enterprises, Inquiry into combination by commission, procedure for
enquiry of the complaints, Procedure for investigation of combination, appearance before
commission, Power of the commission, ratification of orders, Execution of orders by the
commission, Compensation in case of contravention, Competition appellate tribunal procedure
and powers, execution of orders, and ability on contravention of orders, appeal to Supreme
Court, power of the Central Government, MRTP (Monopolistic Trade Practice, unfair Trade
Practice) & Restrictive Trade Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers
(PIO) and their Duties; Request for obtaining Information, Exemption from disclosure; Who is
excluded; Information Commissions (Central & State) and their powers; appellate authorities;
penalties, jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions;
Payment of Bonus Act, 1965; Object, application and major provisions; Exemption;
compliances, offences and penalties; Employees Provident Funds Act, 1952; Application, major
provisions, Exemption and compliances; Payment of Gratuity Act, 1972; Application, major
provisions, Controlling Authority and the Appellate Authority, obligations and rights of
employees and compliances; Minimum wages Act, 1948; Object and its scope, fixation,
payment of wages, Advisory Board, Central Advisory Board; Authority and claims, compliances,
offences and penalties.
6. Project
PG Diploma in Business Management
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
1|Page
Semester-3 Subjects Credits
1 Business Statistics 4
2 International Business 4
5 Consumer Behavior 4
1 Project Management 4
2 Services Marketing 4
3 Corporate Finance 4
4 Marketing Research 4
5 Business Law 4
6 Project 4
2|Page
Semester I
1. Management Theory & Practice
Syllabus
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
3|Page
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
4|Page
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
5|Page
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational Behavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
6|Page
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
• Group Dynamics
• Features of Groups
7|Page
• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
8|Page
• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
9|Page
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity- Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
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• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions- Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
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4. Corporate Social Responsibility
Syllabus
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• Environmental CSR
• CSR with Communities
• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
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5. Information System for Managers
Syllabus
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• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System (SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
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• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
Communication in workplace
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• Making the request Clear and positive
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
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Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
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Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
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Portfolio Strategy.
Formulating Business Level Strategy – Porter’s Competitive Forces and Strategies, Cooperative
Strategies.
Strategic implications of five competitive forces, Evaluating company resources and competitive
capabilities, Competencies, core and distinctive competencies and competitive advantages.
Formulating Functional level Strategies – Putting strategy into action‐leadership‐structural
design, Information and control systems, human resources – Implementing global strategies.
Corporate goals and strategic gap, Five generic strategies (Porter’s model)
Managing internal organization for Strategy implementation
5. Operations Management
Syllabus
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• Reports
• Proposals
• Minutes and notes
• Internet as communication medium --- websites, advertising, blogs etc
• Verbs –[tenses; active and passive voice; Subject-Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
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Semester III
1. Business Statistics
Syllabus
Introduction to Statistics
Business Statistics
Descriptive Statistics
Measures of Central Tendency
Measures of Dispersion (Variance)
Skewness
Kurtosis
Correlation Analysis
Regression Analysis (Limited to 2 Variable Regression Model)
Theory of Probability
Probability Distribution
Use of Excel Software for Statistical Analysis
2. International Business
Syllabus
Concept of Organisation
Earlier Approaches to Organisation
Fundamental Elements of and Organisation
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Organisational Structure: Concept
Managing Complex Structures
Systems Approach to Organisation
Relationship Implications of Structure
Organisational Design: Introduction
Problems in organizational Design
Organisational Design & Flexibility
Environmental & Resource Context in Organisation
Organisational Life Cycle
Virtual Organisation
Post‐Industrial & Post‐Bureaucratic Organisation
5. Consumer Behavior
Syllabus
Corporate Accounts Horizontal and Vertical Form of Balance Sheet and Profit and Loss Account
Analysis of Financial Statements – Trend Analysis
Interpretation of Financial Statements – Ratio Analysis and Dupont Analysis
Working Capital Management – Assessment and Control
Working Capital Management – Planning and Budgeting
Cash Management and Budgeting
Cash Flow Statements and its Importance in Cash Management
Receivables Management
Inventory Management
Sources of Working Capital Finance – Banking norms on MPBF
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Semester IV
1. Project Management
Syllabus
Introduction: Concept of Project Management – Its Role, Scope and Coverage; Relationship
with other Department/Functional Areas; Organizing for Project Management; Matrix
Organisation; Project Manager is an entrepreneur; Role of Consultants in Project Management;
Success Factors in Project Management.
Nature of Project Decisions: The Project Development Cycle; Project Identification, Ideas and
promoters; Opportunity studies; Project Selection; Pre‐feasibility and Feasibility Studies;
Identification of Investment opportunities; Technical Analysis; Basis of Government regulatory
framework, Various acts and Laws affecting project – Identification.
Selection of Location & Site of the Project: Location Decisions objectives; Factors affecting
location; Policies of central Government lowards Location; Legal aspects of project
management; Concept of industrially Backward areas. Incentives available for appropriate
location.
Project Appraisal: Market Appraisal; Demand Estimation and Forecasting; Technical Appraisal;
Technology, Product‐mix, Plant Capacity, Distribution Channel; Financial Analysis; Profitability
Analysis; Cost‐benefit Analysis; Preparation of Budget and Cash Flows; Assessing Tax Burdens;
Appraisal Criteria use by Lending Institution.
Risk Analysis of Project – Measures of risk: Use of Subjective Probabilities; Mathematical
Analysis; Sensitivity Analysis; Simulation Analysis; Decision Tree Analysis.
Quantitative Aspects of Project: Project Planning, Monitoring & Control; Network Analysis
Techniques Critical Path Method, Programme Evaluation & Review Technique, Grantt Charts;
Crashing of Projects; Probability considerations in Network Analysis – Optimistic Time, Most
likely Time and Pessimistic Time; β (Beta) Distribution curve; Resources Allocation & Scheduling;
Resources Leveling; Progress Report; Updating; Management Information System for Projects.
Use of Computer in Network Analysis: Computer Softwares; Project Management packages –
their Selection & Use.
Case Studies
2. Services Marketing
Syllabus
Introduction to Services
Consumer behavior in Service
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Customer Expectations of Service
Customer Perceptions of Service
Understanding Customer Expectations and Perceptions through Marketing Research
Building Customer Relationships
Service Recovery
Service Development and Design
Customer – Defined Service Standards
Physical evidence and The Servicescape
Employees’ Roles in Service Delivery
Customers’ Roles in Service Delivery
Delivering Service through Intermediaries and Electronic Channels
Managing Demand and Capacity
Integrated Service Marketing Communication
Pricing of Services
The Financial and Economic Effect of Services
The Integrated Gaps Model of Service Quality
3. Corporate Finance
Syllabus
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model, Gordon’s model, MM Hypothesis
Long‐term Sources of Finance: Equity – Public issue, rights, private placement – Primary market
– mechanics; Debt – Debentures, Bonds – Public issue – mechanics, rating – Loans from
Financial institutions; Venture capital finance, mezannine debt, Lease finance, Overseas
ADRs/GDRs, ECBs
4. Marketing Research
Syllabus
Introduction to MR
Need and Scope of MR
Application of MR to Manufacturing industry and service industry
Structure of MR studies
Types of Research Primary and Secondary
Sampling
Quantitative and Qualitative analysis during various decision phases, scaling
Opportunity Analysis: Attitude and motivation research; focus groups and depth interviews;
concept tests and CUT
Test marketing and market segmentation
Advertising Research concepts of copy testing, Ad, recall, Ad. Comprehension, Opening and
Punch/Base line Research
Case study on Advertising and applications
Designing of sample campaign
Stages involved in Advertising research
Types of advertising research – Print, Out‐door, TV/Cinema, Mobile outdoor media,
effectiveness of each medium and how to determine it, suitability of each medium to our
products and industry, NRS/IRS – how to read and use them for decision making
Brand Equity Research
Positioning Research
Brand Valuation Research
Corporate Image Measurement Research
Sales Promotion Research
Campaign Tracking Research
Research for Advertising planning; advertising objectives and media experiments
Advertising Research for monitoring and control: pre/post testing of ads; DARs and Tracking
studies; Consumer panels
Analysis of Data: basic techniques: X2 test, t‐test and large sample tests regression, ANOVA,
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non‐parametric tests
Introduction to advanced techniques; Factor analysis, Cluster and Discriminate Analysis;
Conjoint Analysis. MDS
Research Report Preparation and Presentation
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation,
agreement, to sell, requisite of a valid contract, offer and invitation to offer, modes of
acceptance, communication of offer, express and implied terms, standard forms of contract,
exclusion clauses, kinds of agreement, valid, void and voidable agreement; unilateral, bilateral
and international contracts; Validity‐kinds of mistake, mistake of law and fact‐and the remedies
thereof available, Misrepresentation of material fact, fraudulent and innocent
misrepresentation and the remedies available, coercion and undue influence the effects and
the remedies available to the aggrieved. Undue influence the effects and the remedies available
to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of
Contracts and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and
illegal agreement, Agreement void under the Statue. Quasi Contracts; Termination and
discharge of contract: Performance of contract, Different modes of discharge of contract,
Performance as to place, time, joint performance of promises, apportionment of payments.
Discharge by agreement, Novation and assignment, remission of performance, discharge by
frustration‐when plea of frustration is admission and the rights and liabilities of the parties
when frustration operates; Breach of Contract‐breach and anticipatory breach of contracts,
damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference
between indemnity and guarantee, surely and indemnifier, specific guarantee and continuing
guarantee; Rights of the indemnified, surety right against principal debtor and Co‐surety;
Bailment, Pledge and Finder of Goods‐ Nature and essential features of bailment and pledge,
bailment for reward gratuitous bailment, bailee’s duty, pledge as a special kind of bailment.
Pawnee’s right against the pawner and Pawners right against the Pawnee. Finder of goods as
quasi as quasi bailee, duties of finder of goods and his rights and liabilities for reward, sale; Law
of agency‐Agency and other forms of Contract, Types of Agencies like by holding out, operation
of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified, Relationship of
principal and agent, Rights and liabilities of the Agent against third party, Rights and liabilities of
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the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished from
agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and
warranties; Transfer of title by non‐owners; doctrine of caveat emptor; performance of the
contract of sale; Unpaid seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Distinction between partnership firm,
Co‐ownership joint Hindu family and joint stock companies, legality of the partnership firm,
types of partners; Express and implied authority, scope of implied authority, Rights and
liabilities of a partner against third party and other partners; Rights of newly admitted partners,
retiring and deceased partners, registration of and dissolution of partnership forms; Overview
of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable
instruments, material alteration, noting and protesting. Law relating to foreign bills their noting
and protesting etc; Law relating to payment of customer’s cheques of paying banker‐rights and
duties, overdraft agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques,
liability due to negligence of parties and material alteration, payment in due course; Law
relating to the collecting banker‐statutory protection, effects of negligence, role as a agent or
holder in due course, precautions to be taken in collection of bills, cheques for the customers
and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage of
goods, classification of carrier‐common carrier, private carrier, gratuitous carrier, responsibility
of common carrier and Bailee, rights of a common carrier, duties of a common carrier, liabilities
of a common carrier, distinction between a common carrier and private carrier; Carriage of
goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of goods, Provision of
rate risks, railway receipt, liability of railway administration from wrong delivery, responsibility
of railway administration as career‐of goods, of animals, of luggage, exoneration from liability in
certain cases, delay or retention in transit, railway risk rate, liability for damages to goods in
defective condition or defectively packed and liability after termination of transit; Carriage by
Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and the (Indian) Bill of Lading
Act, 1856‐contract of affreightment, express and implied terms in a contractor of carriage by
sea‐implied warranty of seaworthiness, implied warranty of commencement of voyage,
Nondeviation of voyage, Shipper not to ship dangerous goods, bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint, consumer, contract of service and contract of service, consumer dispute, restrictive
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trade practice, defect, deficiency; Consumer protection council‐central consumer protection
council, state consumer protection council, district consumer protection council; Redressal
machinery, jurisdiction, complaint before them, district forum, sate commission, national
commission, limitation period, administrative control, power of redressal agencies; Nature and
scope of remedies under the act‐ appeals penalties proceeding before consumer forums and
applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel, chairperson,
commission, consumer, Director General, Enterprises, goods, member, etc., Anti Competitive
Agreement, Prohibition of abuse of dominant position, Combination; Competition Commission
of India‐Establishment, powers of them member, inquiry into certain agreement and dominate
position of enterprises, Inquiry into combination by commission, procedure for enquiry of the
complaints, Procedure for investigation of combination, appearance before commission, Power
of the commission, ratification of orders, Execution of orders by the commission, Compensation
in case of contravention, Competition appellate tribunal procedure and powers, execution of
orders, and ability on contravention of orders, appeal to Supreme Court, power of the Central
Government, MRTP (Monopolistic Trade Practice, unfair Trade Practice) & Restrictive Trade
Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers
(PIO) and their Duties; Request for obtaining Information, Exemption from disclosure; Who is
excluded; Information Commissions (Central & State) and their powers; appellate authorities;
penalties, jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions;
Payment of Bonus Act, 1965; Object, application and major provisions; Exemption;
compliances, offences and penalties; Employees Provident Funds Act, 1952; Application, major
provisions, Exemption and compliances; Payment of Gratuity Act, 1972; Application, major
provisions, Controlling Authority and the Appellate Authority, obligations and rights of
employees and compliances; Minimum wages Act, 1948; Object and its scope, fixation,
payment of wages, Advisory Board, Central Advisory Board; Authority and claims, compliances,
offences and penalties.
6. Project
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PG Diploma in Financial Management
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
1|Page
Semester-3 Subjects Credits
2 Micro Economics 4
2 International Finance 4
3 Corporate Finance 4
5 Business Law 4
6 Project 4
2|Page
Semester I
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
3|Page
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
4|Page
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
5|Page
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational Behavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
6|Page
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
• Group Dynamics
• Features of Groups
7|Page
• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
8|Page
• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
9|Page
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity- Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
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• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions- Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
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4. Corporate Social Responsibility
Syllabus
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• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
Syllabus
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Introduction to Information System
• Meaning of Information ,Difference between Data and Information, Definition, Importance of
Information for Organizations
• Concept of System , Need
• Evolution of Information System , Functions , Framework,
• Information and Control Systems
• Computerized Information System
• Business Process Design , Modelling
• Business Process Re-engineering
• Management of Information Systems
Components of Information Technology
• Hardware Concepts, Software Concepts, Operating Systems, Programming Languages ,
Readymade Packages and their Operating Systems
Networking Concepts
• Meaning of Networking, Need for Networking , Advantages and Disadvantages of Networking,
Characteristics
• Hardware and Software for Networking, Concepts , Types
• Bluetooth as Wireless Technologies - RFID
• Network Models
• Applying Communication Networks – Intranet, Extranet, Internet
Database Management
• Meaning of Database ,Types
• Database Management , Objectives , Functions , Major Components , Database Models
Types of Information Systems
• Different Types of Information Systems
• Operations Support Systems , Transaction Processing Systems (TPS), Process Control System
(PCS), Enterprise Collaboration System (ECS)
• Management Support Systems , Management Information System (MIS), Decision Support
System (DSS), Executive Information System (EIS)
• Functional Information Systems
• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System (SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
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Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
15 | P a g e
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
Communication in workplace
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• Planning the oral report
• Telephone communication
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
Semester II
1. Marketing Management
Syllabus
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Market Segmentation and Targeting
Demand Measurement and Sales Forecasting
Product and Product Life Cycle
Brand and Brand Equity
New Product Decisions
Distribution Channels and Logistics
Pricing Decisions
Marketing Communication: Advertising and Promotion
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
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Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
5. Operations Management
Syllabus
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Operations Management in Manufacturing and Service Sector
Types of Production Systems
Plant Location
Plant Layout – Service Facility Layout, plant Maintenance and TPM
Productivity Indices, Productivity Enhancement Techniques
Manufacturing Economics (BEA)
Inventory Management
Total Quality Management – Definition, Concept, Eight Building Blocks, Seven Wastages &
Pillars of TQM
Theory of Constraints
• Verbs –[tenses; active and passive voice; Subject-Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
20 | P a g e
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
Semester III
1. Cost & Management Accounting
Syllabus
Basic Cost Concepts: Cost Classification; Elements of costs – Material & Labour Elements of
costs – Overheads Absorption Traditional vs. Activity Based Costing Methodology; Transfer
Pricing
Costing Systems: Process Costing – Joint Products; By Products; Marginal Costing and
Absorption Costing
Costing and Short‐run Alternative Choices: Make or Buy/Limiting Factors; Continue or Shot
Down; Relevant Costs & Strategic Cost Management
Control Systems: Long Range and Short Range Planning; Elements of Budgeting; Standard
Costing – Variance Analysis; Corporate Performance Measurement System; Pricing Decisions
2. Micro Economics
Syllabus
Introduction: What is economics, why do business need to understand economics? Ten key
Principles in economics, Micro vs. Macro economics. Economic Problem, areas of decision ‐
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making, central problem in economics‐scarcity, choice, utility. Concepts: Opportunity cost, PPF,
incremental principle, discounting principle. Markets, economic goods, wealth & income Price
& Value, factors of production
Theory of Demand: Nature of Demand, Demand ZFunction, Factors Affecting Deamnd, the law
of demand, market demand vs. individual demand, causes of shifts in demand curve‐differences
between movements along the curve & shift in demand.
Market & Supply
1. Nature of Supply, supply function, factors affecting supply, movement along supply
curve & shift of the supply curve.
2. Definition of equilibrium, situations of disequilibria. Excess demand & excess supplyshortage
& surplus, Pricing ceiling and Price floors
3. Concept of elasticity – Different types of elasticity’s‐price elasticity, cross‐elasticity,
income elasticity of Demand and advertising elasticity. Relationship between Price
Elasticity & Revenue
Theory of Production & Cost
1. Production, Inputs, Production Function,
2. Costs: explicit vs. Implicit cost, SR vs. LR cost.
(a) Economies of scale vs. Economies of scope; Returns to scale vs. Returns to a variable
input. Concept of break‐even analysis and profit maximization.
(b) Merger Behaviour, horizontal expansion, diversification, and vertical integration:
Make Vs. Buy (Handout)
Theories of Firm: Definition of market, market‐structure – different kinds of market structures,
Pricing policy from market structures along with profit maximization.
Perfect Competition, Monopoly, Monopolistic, Oligopoly, Collusive vs. Non‐collusive oligopoly,
game theory applications to oligopoly
Syllabus
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Portfolio, Simple Numerical Example and Graphical Illustration
General N‐asset Portfolio Problem
Markowitz Model: Objective Function, Constraints
Meaning of Efficient Frontier
Von‐Neumann Morgenstern Utility Functions and the Expected Utility Hypothesis, Concept of
Optimal Portfolio
Concept of CML, Market Portfolio, Risk Free Rate, Borrowing and Lending Rates
How Asset Returns Move with the Market. How the Concept of Beta Ensures this Variability
Definition of Beta, Measuring Beta
Capital Asset Pricing Model
Arbitrage Pricing Theory
Fundamental Analysis
Technical Analysis
Efficient Market Hypothesis: Random Walk, Weak, Semi‐strong, Strong Form
Empirical Evidence of EMH
Anomalies in the Markets: Firm Size Effect, January Effect, Monday Effect
Portfolio Performance Measures: Sharpe, Jensen, Jensen
Empirical Testing of Mutual Fund Performance
Syllabus
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5. Financial Institutions & Markets
Syllabus
Syllabus
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Semester IV
Syllabus
2. International Finance
Syllabus
Introduction to Foreign Exchange Transactions – Current A/c & Capital A/c transactions – BOP
Concepts, Role of IMF, World Bank, WTO
Exchange Rate System – International Monetary System – Role of IMF – Fixed vs. Floating
exchange rates – Managed floating – Evolution of Exchange rate Mechanism in India
FEMA/PMLA – Important aspects of differences – Functions of an authorized dealer – Concepts
regarding Nostro/vostro Accounts & Mirror accounts
Exchange Rate Determination – Direct & indirect quotations – Cross rates – Merchant TT & bill
rates
Foreign Exchange Markets – Market conventions & practices – Spot & forward rates – factors
affecting spot & forward rates
Purities in International Finance – PPP theorem – its limitations – Interest Rate Parity (IRP) –
Fisher Effect – Arbitrage
International Equity Market – International Debt Market – International Mutual Funds
Export Promotion Measures – Duty Drawback Schemes – Foreign Trade Development Act 2002
– Incentives to exporters School of Business Management
Letters of Credits – Types of L/Cs – Introduction to UCP 600 – Rights & Responsibilities of
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parties under an L/C
Behaviour of Exchange Rates (including intra‐day behavior) – Dealing Room Operations –
Front office, Back office & Mid office Functions – Exchange Position/Cash Position
Managing Foreign Exchange Rights – Transaction, Translation & operating Exposures of firms
Use of Derivatives – Currency options, Futures & Swaps
Capital account convertibility – Tarapore committee recommendations – Implementation of
recommendations, Role of ECGC & Exim Bank
3. Corporate Finance
Syllabus
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4. Corporate Taxation- Direct and Indirect
Syllabus
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation,
agreement, to sell, requisite of a valid contract, offer and invitation to offer, modes of
acceptance, communication of offer, express and implied terms, standard forms of contract,
exclusion clauses, kinds of agreement, valid, void and voidable agreement; unilateral, bilateral
and international contracts; Validity‐kinds of mistake, mistake of law and fact‐and the remedies
thereof available, Misrepresentation of material fact, fraudulent and innocent
misrepresentation and the remedies available, coercion and undue influence the effects and
the remedies available to the aggrieved. Undue influence the effects and the remedies available
to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of
Contracts and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and
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illegal agreement, Agreement void under the Statue. Quasi Contracts; Termination and
discharge of contract: Performance of contract, Different modes of discharge of contract,
Performance as to place, time, joint performance of promises, apportionment of payments.
Discharge by agreement, Novation and assignment, remission of performance, discharge by
frustration‐when plea of frustration is admission and the rights and liabilities of the parties
when frustration operates; Breach of Contract‐breach and anticipatory breach of contracts,
damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference
between indemnity and guarantee, surely and indemnifier, specific guarantee and continuing
guarantee; Rights of the indemnified, surety right against principal debtor and Co‐surety;
Bailment, Pledge and Finder of Goods‐ Nature and essential features of bailment and pledge,
bailment for reward gratuitous bailment, bailee’s duty, pledge as a special kind of bailment.
Pawnee’s right against the pawner and Pawners right against the Pawnee. Finder of goods as
quasi as quasi bailee, duties of finder of goods and his rights and liabilities for reward, sale; Law
of agency‐Agency and other forms of Contract, Types of Agencies like by holding out, operation
of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified, Relationship of
principal and agent, Rights and liabilities of the Agent against third party, Rights and liabilities of
the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished from
agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and
warranties; Transfer of title by non‐owners; doctrine of caveat emptor; performance of the
contract of sale; Unpaid seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Distinction between partnership firm,
Co‐ownership joint Hindu family and joint stock companies, legality of the partnership firm,
types of partners; Express and implied authority, scope of implied authority, Rights and
liabilities of a partner against third party and other partners; Rights of newly admitted partners,
retiring and deceased partners, registration of and dissolution of partnership forms; Overview
of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable
instruments, material alteration, noting and protesting. Law relating to foreign bills their noting
and protesting etc; Law relating to payment of customer’s cheques of paying banker‐rights and
duties, overdraft agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques,
liability due to negligence of parties and material alteration, payment in due course; Law
relating to the collecting banker‐statutory protection, effects of negligence, role as a agent or
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holder in due course, precautions to be taken in collection of bills, cheques for the customers
and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage of
goods, classification of carrier‐common carrier, private carrier, gratuitous carrier, responsibility
of common carrier and Bailee, rights of a common carrier, duties of a common carrier, liabilities
of a common carrier, distinction between a common carrier and private carrier; Carriage of
goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of goods, Provision of
rate risks, railway receipt, liability of railway administration from wrong delivery, responsibility
of railway administration as career‐of goods, of animals, of luggage, exoneration from liability in
certain cases, delay or retention in transit, railway risk rate, liability for damages to goods in
defective condition or defectively packed and liability after termination of transit; Carriage by
Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and the (Indian) Bill of Lading
Act, 1856‐contract of affreightment, express and implied terms in a contractor of carriage by
sea‐implied warranty of seaworthiness, implied warranty of commencement of voyage, Non-
deviation
of voyage, Shipper not to ship dangerous goods, bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint, consumer, contract of service and contract of service, consumer dispute, restrictive
trade practice, defect, deficiency; Consumer protection council‐central consumer protection
council, state consumer protection council, district consumer protection council; Redressal
machinery, jurisdiction, complaint before them, district forum, sate commission, national
commission, limitation period, administrative control, power of redressal agencies; Nature and
scope of remedies under the act‐ appeals penalties proceeding before consumer forums and
applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel, chairperson,
commission, consumer, Director General, Enterprises, goods, member, etc., Anti Competitive
Agreement, Prohibition of abuse of dominant position, Combination; Competition Commission
of India‐Establishment, powers of them member, inquiry into certain agreement and dominate
position of enterprises, Inquiry into combination by commission, procedure for enquiry of the
complaints, Procedure for investigation of combination, appearance before commission, Power
of the commission, ratification of orders, Execution of orders by the commission, Compensation
in case of contravention, Competition appellate tribunal procedure and powers, execution of
orders, and ability on contravention of orders, appeal to Supreme Court, power of the Central
Government, MRTP (Monopolistic Trade Practice, unfair Trade Practice) & Restrictive Trade
Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers
(PIO) and their Duties; Request for obtaining Information, Exemption from disclosure; Who is
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excluded; Information Commissions (Central & State) and their powers; appellate authorities;
penalties, jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions;
Payment of Bonus Act, 1965; Object, application and major provisions; Exemption;
compliances, offences and penalties; Employees Provident Funds Act, 1952; Application, major
provisions, Exemption and compliances; Payment of Gratuity Act, 1972; Application, major
provisions, Controlling Authority and the Appellate Authority, obligations and rights of
employees and compliances; Minimum wages Act, 1948; Object and its scope, fixation,
payment of wages, Advisory Board, Central Advisory Board; Authority and claims, compliances,
offences and penalties.
6. Project
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PG Diploma in Human Resource Management
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
1| Page
Semester-3 Subjects Credits
5 Organization Culture 4
2 International HR Practices 4
3 HR Audit 4
4 Strategic HRM 4
5 Business Law 4
6 Project 4
2| Page
Semester I
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
3| Page
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
4| Page
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
5| Page
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational B ehavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
6| Page
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
• Group Dynamics
• Features of Groups
7| Page
• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
8| Page
• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
9| Page
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity - Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
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• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions - Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
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4. Corporate Social Responsibility
Syllabus
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• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
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5. Information System for Managers
Syllabus
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• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System (SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
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• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
Communication in workplace
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• Making the request Clear and positive
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
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Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As p er Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
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Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, syst ems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
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Portfolio Strategy.
Formulating Business Level Strategy – Porter’s Competitive Forces and Strategies, Cooperative
Strategies.
Strategic implications of five competitive forces, Evaluating company resources and competitive
capabilities, Competencies, core and distinctive competencies and competitive advantages.
Formulating Functional level Strategies – Putting strategy into action‐leadership‐structural
design, Information and control systems, human resources – Implementing global strategies.
Corporate goals and strategic gap, Five generic strategies (Porter’s model)
Managing internal organization for Strategy implementation
5. Operations Management
Syllabus
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• Reports
• Proposals
• Minutes and notes
• Internet as communication medium --- websites, advertising, blogs etc
• Verbs –[tenses; active and passive voice; Subject -Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
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Semester III
1. Performance Management System
Syllabus
Introduction to IR
Trade Unionism
Role of State and Employers Association in IR
Collective Bargaining
Evolution of Labour Legislations
Labour Legislations Governing Employment of Personnel and IR
Labour Legislations Governing Employee Compensation
Industrial Dispute Settlement
Industrial Relations: Comparative Study
Concept of Organisation
Earlier Approaches to Organisation
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Fundamental Elements of and Organisation
Organisational Structure: Concept
Managing Complex Structures
Systems Approach to Organisation
Relationship Implications of Structure
Organisational Design: Introduction
Problems in organizational Design
Organisational Design & Flexibility
Environmental & Resource Context in Organisation
Organisational Life Cycle
Virtual Organisation
Post‐Industrial & Post‐Bureaucratic Organisation
Syllabus
5. Organization Culture
Syllabus
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Nature of Organizational Culture: Definition and characteristics
Types of organizational culture: Dominant culture, strong and weak culture
Culture’s functions: What do cultures do? Culture as liability.
Creating and sustaining a culture: How a culture begins, keeping a culture alive, how
employees learn culture, how organizational culture impacts performance and satisfaction.
Matching people with culture: Maintaining culture through steps of socialization.
Changing organizational culture: Theory Z in action through case study examples of
organizations.
What constitutes compensation & benefits?, Exploration & Defining the Compensation Context,
What is compensation?, A Historical Perspective on Compensation, Theories of compensation‐
Reinforcement and Expectancy theories, Equity theory, Compensation Professional Goals,
Stakeholders of Compensation System, Linking compensation to organizational objectives ,
Importance of an ideal compensation system
Factors that influence companies Competitive strategies & compensation practices,
Compensation plan and business strategy, Devising a remuneration plan and challenges,
Tradition Basis for Pay: Seniority & Merit, Strengthening Pay for Performance Link, Limitations
of Merit Pay Programs, Incentive Pay‐Group Incentives, Strengthening Pay for Performance
Link, Limitations of Merit Pay Programs, Incentive Pay‐Group Incentives, Company Wide
Incentives, Designing Incentive Pay Programs, Person Focused Pay – Pay for domain expertise
Building internal consistent compensation systems, Job Evaluation systems – Job ranking, job
classification, point system, work valuation, job evaluation for management positions
Working for internal parity & external competitiveness in designing compensation packages,
Market competitive pay systems: Basic building blocks, Fixed Pay, Variable pay & ESOP’s,
Individual incentive plans, Group incentive plans, Incentives for professional employees, Factors
affecting compensation, Current trends in compensation
Introduction and concept of wage and salary, Wage and salary surveys, Compensation surveys,
Preliminary considerations, Compensation surveys data
Income tax act, Payment of wages act, Minimum wages act, Wage policy in India
Compensation as a strategy for attracting and retaining employees, Role of compensation in
creating high performing organizations, Compensation for flexible work force, International
compensation‐expatriate compensation, ESOP’s, Deferred payouts and retirement benefits
Introduction, HRIS and employee benefits, Requirement for a sound benefit program,
Communicating employee benefits information, Concerns for management, Types of Employee
benefit, Employee benefits required by law, Health care benefits, Benefits for women
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employees, Employee Services – Employee assistance program, counseling services, child and
elder care, credit unions
Semester IV
1. Employee Development & Talent Management
Syllabus
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2. International HR Practices
Syllabus
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3. HR Audit
Syllabus
– Who will do
the Assessment or Audit? Who is an Auditor –
Methodology of HR Audit – Observation, Interviews, Focus Group discussions, Surveys,
Questionnaires,
Secondary Data etc.
H.R. Strategies – Auditing H.R. strategies.
H.R. D. Culture – Auditing H.R.D. culture
H.R. Structure – Auditing the H.R. Structure
H.R. Competencies – Auditing H.R. Competencies
Audit of H.R. systems
Audit of Human Resource Planning
Audit of Competency Mapping
Audit of Recruitment and Selection
Audit of Induction/Orientation
Audit of Training and Development
Audit of Performance Management System
Audit of Career Planning and Development
Audit of Compensation and Benefits
Audit of Employee Relations
Audit of Statutory Compliance of Labour Laws
Audit of Change Management Interventions
Audit of H.R. alignment with business goals.
Audit of Organisational Culture
Audit of Employee Engagement
Audit of Employee Motivation
Audit of Rewards and Recognition
H.R. Scorecard
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4. 4. Strategic HRM
Syllabus
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downsizings.
Strategic HRM and Outsourcing: Reasons for outsourcing – HR outsourcing.
Strategic HRM Issues in Industrial Relations: Changing nature of Industrial Relations –
Strategic
issues in Industrial Relations – Participation and Involvement – Proactive Industrial Relations.
Strategic HRM and Employee Retention: Strategic approach to manage turnover – cost
and
benefit of retention – retention strategies.
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation,
agreement, to sell, requisite of a valid contract, offer and invitatio n to offer, modes of
acceptance, communication of offer, express and implied terms, standard forms of contract,
exclusion clauses, kinds of agreement, valid, void and voidable agreement; unilateral, bilateral
and international contracts; Validity‐kinds of mistake, mistake of law and fact‐and the remedies
thereof available, Misrepresentation of material fact, fraudulent and innocent
misrepresentation and the remedies available, coercion and undue influence the effects and
the remedies available to the aggrie ved. Undue influence the effects and the remedies available
to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of
Contracts and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and
illegal agreement, Agreement void under the Statue. Quasi Contracts; Termination and
discharge of contract: Performance of contract, Different modes of discharge of contract,
Performance as to place, time, joint performance of promises, apportionment of payments.
Discharge by agreement, Novation and assignment, remission of performance, discharge by
frustration‐when plea of frustration is admission and the rights and liabilities of the parties
when frustration operates; Breach of Contract‐breach and anticipatory breach of contracts,
damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference
between indemnity and guarantee, surely and indemnifier, specific guarantee and continuing
guarantee; Rights of the indemnified, surety right against principal debtor and Co‐surety;
Bailment, Pledge and Finder of Goods‐ Nature and essential features of bailment and pledge,
bailment for reward gratuitous bailment, bailee’s duty, pledge as a special kind of bailment.
Pawnee’s right against the pawner and Pawners right against the Pawnee. Finder of goods as
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quasi as quasi bailee, duties of finder of goods and his rights and liabilities for reward, sale; Law
of agency‐Agency and other forms of Contract, Types of Agencies like by holding out, operation
of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified, Relationship of
principal and agent, Rights and liabilities of the Agent against third party, Rights and liabilities of
the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its mode s.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished
from
agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and
warranties; Transfer of title by non‐owners; doctrine of caveat emptor; performance of the
contract of sale; Unpaid seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Disti nction between partnership firm,
Co‐ownership joint Hindu family and joint stock companies, legality of the partnership firm,
types of partners; Express and implied authority, scope of implied authority, Rights and
liabilities of a partner against third pa rty and other partners; Rights of newly admitted partners,
retiring and deceased partners, registration of and dissolution of partnership forms; Overview
of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable
instruments, material alteration, noting and protesting. Law relating to foreign bills their noting
and protesting etc; Law relating to payment of customer’s cheques of paying banker‐rights and
duties, overdraft agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques,
liability due to negligence of parties and material alteration, payment in due course; Law
relating to the collecting banker‐statutory protection, effects of negligence, role as a agent or
holder in due course, precautions to be taken in collection of bills , cheques for the customers
and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage
of
goods, classification of carrier‐common carrier, private carrier, gratuitous carrier, responsibility
of common carrier and Bailee, rights of a common carrier, duties of a common carrier, liabilities
of a common carrier, distinction between a common carrier and private carrier; Carriage of
goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of goods, Provision of
rate risks, railway receipt, liability of railway administration from wrong delivery, responsibility
of railway administration as career‐of goods, of animals, of luggage, exoneration from liability in
certain cases, delay or retention in tran sit, railway risk rate, liability for damages to goods in
defective condition or defectively packed and liability after termination of transit; Carriage by
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Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and the (Indian) Bill of Lading
Act, 1856‐contract of affreightment, express and implied terms in a contractor of carriage by
sea‐implied warranty of seaworthiness, implied warranty of commencement of voyage, Non-
deviation
of voyage, Shipper not to ship dangerous goods, bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint,
consumer, contract of service and contract of service, consumer dispute, restrictive
trade practice, defect, deficiency; Consumer protection council‐central consumer protection
council, state consumer protection council, district consumer protection council; Redressal
machinery, jurisdiction, complaint before them, district forum, sate commission, national
commission, limitation period, administrative control, power of redressal agencies; Nature and
scope of remedies under the act‐ appeals penalties proceeding before consumer forums and
applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel,
chairperson,
commisiion, consumer, Director General, Enterprises, goods, member, etc., Anti Competitive
Agreement, Prohibition of abuse of dominant position, Combination; Competition Commission
of India‐Establishment, powers of them member, inquiry into certain agreement and dominate
position of enterprises, Inquiry into combination by commission, procedure for enquiry of the
complaints, Procedure for investigation of combination, appearance before commission, Power
of the commission, ratification of orders, Execution of orders b y the commission, Compensation
in case of contravention, Competition appellate tribunal procedure and powers, execution of
orders, and ability on contravention of orders, appeal to Supreme Court, power of the Central
Government, MRTP (Monopolistic Trade Pr actice, unfair Trade Practice) & Restrictive Trade
Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers
(PIO) and their Duties; Request for obtaining Information, Exemption from disclosure; Who is
excluded; Information Commissions (Central & State) and their powers; appellate authorities;
penalties, jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions;
Payment of Bonus Act, 1965; Object, application and major provisions; Exemption;
compliances, offences and penalties; Employees Provident Funds Act, 1952; Application, major
provisions, Exemption and compliances; Payment of Gratuity Act, 1972; Application, major
provisions, Controlling Authority and the Appellate Authority, obligations a nd rights of
employees and compliances; Minimum wages Act, 1948; Object and its scope, fixation,
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payment of wages, Advisory Board, Central Advisory Board; Authority and claims, compliances,
offences and penalties.
6. Project
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PG Diploma in International Trade Management
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
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Semester-3 Subjects Credits
1 Business Statistics 4
3 International Business 4
6 International Marketing 4
1 Project Management 4
2 International Finance 4
5 Business Law 4
6 Project 4
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Semester I
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
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• Human resource development and organisational culture
Structure of an Organisation
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
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Equity Theory of Motivation
• Techniques for stimulating creativity
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
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• Scientific aspects of Organizational Behavior
Understanding Individual Behavior
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational Behavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
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• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
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• Group Dynamics
• Features of Groups
• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
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• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
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• Concept
• Utility as a Basis of Consumer Demand- Total Utility, Marginal Utility
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity - Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
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• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions - Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
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4. Corporate Social Responsibility
Syllabus
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• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
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5. Information System for Managers
Syllabus
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• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System ( SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
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• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
Communication in workplace
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• Making the request Clear and positive
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
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Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of C ompany Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
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Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
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Portfolio Strategy.
Formulating Business Level Strategy – Porter’s Competitive Forces and Strategies, Cooperative
Strategies.
Strategic implications of five competitive forces, Evaluating comp any resources and competitive
capabilities, Competencies, core and distinctive competencies and competitive advantages.
Formulating Functional level Strategies – Putting strategy into action‐leadership‐structural
design, Information and control systems, human resources – Implementing global strategies.
Corporate goals and strategic gap, Five generic strategies (Porter’s model)
Managing internal organization for Strategy implementation
5. Operations Management
Syllabus
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• Reports
• Proposals
• Minutes and notes
• Internet as communication medium --- websites, advertising, blogs etc
• Verbs –[tenses; active and passive voice; Subject -Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
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Semester III
1. Business Statistics
Syllabus
Introduction to Statistics
Business Statistics
Descriptive Statistics
Measures of Central Tendency
Measures of Dispersion (Variance)
Skewness
Kurtosis
Correlation Analysis
Regression Analysis (Limited to 2 Variable Regression Model)
Theory of Probability
Probability Distribution
Use of Excel Software for Statistical Analysis
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Custom Clearance of Export Cargo
Total Import Procedure and Documentation
Export Assistance in India
3. International Business
Syllabus
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Impact of Liberalization of Financial Institutions and Markets
Institutions, Role, Types (Regulatory and Funding), Regulatory Theory, State Intervention
Functions of important regulators in India – RBI, SEBI, IRDA, FMC
Detailed Discussion on Institutions: Banks, Non Banking Financial Companies, Development
Financial institut ions, Mutual Funds, Insurance Companies, Venture Funds etc. – Fund‐based
and Fee based services offered by banks
Markets: Capital and Money, Debt and Equity, Commodity Exchanges, Currency Markets
Primary and Secondary markets, Role of Markets, Anomalies, Bubbles, Petersberg Paradox,
Information Economics.
Monetary Policy, and Interest Rate and Exchange Rate Dynamics,
Risk Management in Financial Institutions‐Basle Norms‐Instruments: Plain Vanilla to exotic,
riskhedging
instruments. – Derivatives
6. International Marketing
Syllabus
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Semester IV
1. Project Management
Syllabus
Introduction: Concept of Project Management – Its Role, Scope and Coverage; Relationship
with other Department/Functional Areas; Organizing for Project Management; Matrix
Organisation; Project Manager is an entrepreneur; Role of Consultants in Project Management;
Success Factors in Project Management.
Nature of Project Decisions: The Project Development Cycle; Project Identification, Ideas
and promoters; Opportunity studies; Project Selection; Pre‐feasibility and Feasibility Studies;
Identification of Investment opportunities; Technical Analysis; Basis of Government regulatory
framework, Various acts and Laws affecting project – Identification.
Selection of Location & Site of the Project: Location Decisions objectives; Factors
affecting location; Policies of central Government lowards Location; Legal aspects of project
management; Concept of industrially Backward areas. Incentives available for appropriate
location.
Project Appraisal: Market Appraisal; Demand Estimation and Forecasting; Technical
Appraisal; Technology, Product‐mix, Plant Capacity, Distribution Channel; Financial Analysis;
Profitability Analysis; Cost‐benefit Analysis; Preparation of Budget and Cash Flows; Assessing
Tax Burdens; Appraisal Criteria use by Lending Institution.
Risk Analysis of Project – Measures of risk: Use of Subjective Probabilities;
Mathematical Analysis; Sensitivity Analysis; Simulation Analysis; Decision Tree Analysis.
Quantitative Aspects of Project: Project Planning, Monitoring & Control; Netw ork Analysis
Techniques Critical Path Method, Programme Evaluation & Review Technique, Grantt Charts;
Crashing of Projects; Probability considerations in Network Analysis – Optimistic Time, Most
likely Time and Pessimistic Time; β (Beta) Distribution curve; Resources Allocation & Scheduling;
Resources Leveling; Progress Report; Updating; Management Information System for Projects.
Use of Computer in Network Analysis: Computer Softwares; Project Management
packages –
their Selection & Use.
Case Studies
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2. International Finance
Syllabus
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3. Customs shipping and Insurance
Syllabus
Introduction
Customs in India/Customs Establishment
Customs Acts
Definition, Customs Act, 1962, Customs Tariff Act, 1975, Foreign Trade (Development and
Regulation) Act, 1992, Power of Central Government/Legal Framework, Customs Authorities &
Administration, Sizures & Searches, Confiscation, Appeals
Customs Tariff: Indian Customs Tariff Classification, Harmonised System of nomenclature,
Principles of Classification, Rates of Duty & Schedule, General Provisions of the Act
Customs Clearance
Clearance of Imported Goods: Objectives of Custom Clearance, Custom Clearance
Procedures,
Ports of Clearance, Import General manifest, Types and Levy of C ustoms Duties, Valuation of
Goods, bill of Entry, Declaration of Tariff Classification, Permissibility of Import, Verification of
Import Licence, Valuation of Goods Imported, Classification of Goods Imported, Rates of
Customs Duty, Assessment of Customs Du ty, First Check & Second Check Clearance Procedure,
Clearance through Electronic Data Interchange (EDI) System, End Use bonds, Examination of
Goods, Green Channel Facility, Execution of Bonds, Payment of Duty, Movement of Bill of Entry
after ssessment, Bonding & Ex Bonding of Warehoused Goods, Demurrage Charges, Import
Follow‐through, Claims for Uncleared Goods/Untraced Goods/Damaged Goods, Import of
Samples, Import by Post/through Courier, Duty Free Imports Passenger Baggage.
Clearance of Export Goods: Shipping of the Goods, Basic Information: Documents and
Duties,
Types of Shipping Bills, Customs Clearance Procedure: Shipment by Sea, Customs Clearance
Procedure Shipment by Air, Checking of the Shipping Documents, Physical Examination of
Goods, loading of Goods, Post Loading Certification, Exportof Samples/Exhibits of Restricted
Items
Shipping
Introduction, Role of Shipping in International Trade, Different Modes of Shipment, Selecting
Suitable Mode for Shipment of Cargo, Conference System & Practices, Freig ht Rate Structure &
Calculation of Freight, Chartering Practices, Containerisation: FCL/LCL/Break Bulk, Role of
Clearing & Forwarding Agents/Fright Brokers/Shipping Companies,Reservation of Shipping
Space,Mate Receipt/Bill of Lading/Airway Bill, Shipping/Shipment Advice, Short Shipment/Short
Out Notice
Insurance
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Introduction: What is Marine Insurance? Objectives of Insurance, Legal Provisions of Marine
Cargo Insurance, Selection of Insurance Cover, Types of Insurance Policy, Scope of Cover,
Insurance of Air Cargo, FOB Policy, Seller’s Interest Insurance, Warranty
Insurance Premium
Rate of Premium, Return of Premium, Failure of Consideration, Return by Agreement
Marine Documents
The Specific Policy, Marine Cover Note, Marine Open Cover, Marine Open Policy, Marine Cum
Erection Insurance, Endorsements, Stamp Duty
Underwriting
Principles of Underwriting: Insurable Interest, Indemnity & Value of Insurance, Utmost
Good
Faith, Proximate Cause, Subrogation, Contribution, Duty of Disclosure
Insurance Claims: Theory of Cargo Claims, Total Loss/Particular Average/General Average,
Salvages, Claim Procedures, Claims Payment
Export Credit Risk Insurance; Introduction, Export Credit Guarantee Corporation, Types of
Policies: General/Specific, Risks Covered/Not Covered By the Policies, Maximum Liability, Credit
Limit on Overseas Buyers, Restricted Cover Countries, Premium Rates, Time Limit/Settlement of
Claims, Special Schemes: Transfer Guarantee/Joint Venture Insurance/Overseas In vestment
Insurance/Exchange Fluctuation Risk Cover, Product Liability Insurance
Case Studies
Ships – different types and sizes with their important features and their suitability to different
cargoes.
Basic shipping terminology including abbreviations. General particulars of ships.
Bills of Lading – functions, conditions, contents, types and general information.
Classification Societies – background, their functions and importance.
Statutory documents on board includ ing mandatory surveys and safety certificates.
Stowage factors and densities – importance in the carriage of dry and liquid cargoes, effect of
density of water (fresh, salt, brackish). Different freight units.
General structure of shipping industry – liner and tramp services.
Liner shipping – essential features; break bulb; mode of utilization; concept of intermodalism;
container sizes and types; container terminology; freighting; CYs, CFSs and ICDs; marketing of
liner shipping; documents.
Tramp shipping – types of charters – time, trip‐time, voyage, consecutive voyages, bareboat;
28 | P a g e
contract of affreightment, features of dry bulk and tanker chartering; names of different
charter [arty forms for different trades.
Cargo handling equipments used on board and ashore.
Agents – ship, port and liner agents and their roles in shipping. Freight forwarders, freight
brokers, ship brokers and other intermediaries in shipping.
Structure of shipping – services of master and crew, etc.
Cargo Documentation – Manifest, Mate’s Receipt, Tally sheets, Notice of Readiness, Statement
of Facts, etc.
Custom house work – Inward and outward entry of ships documentation.
Shipping procedures in ports for exports and imports for break‐bulk/bulk cargoes Customs Bill
of Entry and Shipping Bill
Business communication in shipping – letter writing, telex, fax, e‐mail, report‐writing, memo
writing, charts and graphs.
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation,
agreement, to sell, requisite of a valid contract, offer and invitation to offer, modes of
acceptance, communication of offer, express and implied terms, standard forms of contrac t,
exclusion clauses, kinds of agreement, valid, void and voidable agreement; unilateral, bilateral
and international contracts; Validity‐kinds of mistake, mistake of law and fact‐and the remedies
thereof available, Misrepresentation of material fact, frau dulent and innocent
misrepresentation and the remedies available, coercion and undue influence the effects and
the remedies available to the aggrieved. Undue influence the effects and the remedies available
to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of
Contracts and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and
illegal agreement, Agreement void under the Statue. Quasi Contracts; Termination and
discharge of contract: Performance of contract, Different modes of discharge of contract,
Performance as to place, time, joint performance of promises, apportionment of payments.
Discharge by agreement, Novation and assignment, remission of performance, discharge by
frustration‐when plea of frustration is admission and the rights and liabilities of the parties
when frustration operates; Breach of Contract‐breach and anticipatory breach of contracts,
damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference
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between indemnity and guarantee, surely and indemnifier, specific guarantee a nd continuing
guarantee; Rights of the indemnified, surety right against principal debtor and Co‐surety;
Bailment, Pledge and Finder of Goods‐ Nature and essential features of bailment and pledge,
bailment for reward gratuitous bailment, bailee’s duty, pledge as a special kind of bailment.
Pawnee’s right against the pawner and Pawners right against the Pawnee. Finder of goods as
quasi as quasi bailee, duties of finder of goods and his rights and liabilities for reward, sale; Law
of agency‐Agency and other forms of Contract, Types of Agencies like by holding out, operation
of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified, Relationship of
principal and agent, Rights and liabilities of the Agent against third party, Right s and liabilities of
the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished
from
agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and
warranties; Transfer of title by non‐owners; doctrine of caveat emptor; performance of the
contract of sale; Unpaid seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Distinction between partnership firm,
Co‐ownership joint Hindu family and joint stock companies, legality of the partnership firm,
types of partners; Express and implied authority, scope of implied authority, Rights and
liabilities of a partner against third party and other partners; Rights of newly admitted partners,
retiring and deceased partners, registration of and dissolution of partnership forms; Overview
of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable
instruments, material alteration, noting and protesting. Law relating to foreign bills their noting
and protesting etc; Law relating to payme nt of customer’s cheques of paying banker‐rights and
duties, overdraft agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques,
liability due to negligence of parties and material alteration, payment in due course; Law
relating to the collecting banker‐statutory protection, effects of negligence, role as a agent or
holder in due course, precautions to be taken in collection of bills, cheques for the customers
and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage
of
goods, classification of carrier‐common carrier, private carrier, gratuitous carrier, responsibility
of common carrier and Bailee, rights of a common carrier, duties of a common carrier, liabilities
of a common carrier, distinction between a common carrier and private carrier; Carriage of
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goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of goods, Provision of
rate risks, railway receipt, liability of railway administration from wrong delivery , responsibility
of railway administration as career‐of goods, of animals, of luggage, exoneration from liability in
certain cases, delay or retention in transit, railway risk rate, liability for damages to goods in
defective condition or defectively packed and liability after termination of transit; Carriage by
Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and the (Indian) Bill of Lading
Act, 1856‐contract of affreightment, express and implied terms in a contractor of carriage by
sea‐implied warranty of seaworthiness, implied warranty of commencement of voyage, Non -
deviation
of voyage, Shipper not to ship dangerous goods, bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint, consumer, contract of service and contract of service, consumer dispute, restrictive
trade practice, defect, deficiency; Consumer protection council‐central consumer protection
council, state consumer protection council, district consumer protection council; Redres sal
machinery, jurisdiction, complaint before them, district forum, sate commission, national
commission, limitation period, administrative control, power of redressal agencies; Nature and
scope of remedies under the act‐ appeals penalties proceeding before consumer forums and
applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel,
chairperson,
commisiion, consumer, Director General, Enterprises, goods, member, etc., Anti Competitive
Agreement, Prohibit ion of abuse of dominant position, Combination; Competition Commission
of India‐Establishment, powers of them member, inquiry into certain agreement and dominate
position of enterprises, Inquiry into combination by commission, procedure for enquiry of the
complaints, Procedure for investigation of combination, appearance before commission, Power
of the commission, ratification of orders, Execution of orders by the commission, Compensation
in case of contravention, Competition appellate tribunal procedure an d powers, execution of
orders, and ability on contravention of orders, appeal to Supreme Court, power of the Central
Government, MRTP (Monopolistic Trade Practice, unfair Trade Practice) & Restrictive Trade
Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers
(PIO) and their Duties; Request for obtaining Information, Exemption from disclosure; Who is
excluded; Information Commissions (Central & State) and their powers; appellate authorities;
penalties, jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions;
Payment of Bonus Act, 1965; Object, application and major provisions; Exemption;
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compliances, offences and penalties; Employees Provident Funds Act, 1952; Application, major
provisions, Exemption and compliances; Payment of Gratuity Act, 1972; Application, major
provisions, Controlling Authority and the Appellate Authority, obligations and rights of
employees and compliances; Minimum wages Act, 1948; Object and its scope, fixation,
payment of wages, Advisory Board, Central Advisory Board; Authority and claims, compliances,
offences and penalties.
6. Project
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Post Graduate Diploma in Information Technology and Systems Management
Program Structure
Year 1 Year 2
Semester 1 Semester 3
Information Systems for Managers Enterprise Resource Planning
Corporate Social Responsibility e-Business
Business Economics IT Project Management
Business Communication & Etiquette Emerging Technologies: IoT, Augmented Reality, Virtual Reality
Management Theory and Practice IT Infrastructure Management
Organizational Behavior Cloud Computing
Semester 2 Semester 4
Essentials of HRM Fundamentals of Big Data & Business Analytics
Marketing Management IT Security and Risk Management
Financial Accounting & Analysis Managing Business Process Outsourcing
Strategic Management Digital Payments
Business Statistics Business : Ethics , Governance and Risk
Business Law Project
SEMESTER I
Culture in the Organization: Introduction - Culture and the Business Organization - Components
of Culture - Corporate Culture - Culture and Communication - How to Effect Cultural Change
in the Organization - Implications of Culture in Management - Minimizing Conflict Between
Administrative Action and Cultural Values
Role of Information in Organizations: Data and Information - Value Added Resources - Planning
and Administration Competency - Common Information Technologies - Decision Support System
- Expert System - Group Decision Support System - Teamwork Competency
2. Organisational Behaviour
Learning: The Concept of Learning, Theories of Learning, Learning through Reinforcement, A glance
at Organisational reward system, How to administer reinforcement? The impact of punishment
Motivation: Meaning, Primary Motives, General Motives & Secondary Motives, Motivational
Approaches, Motivation in Practice
Leadership: Introduction, Behavioural Theories, Trait Theories, Contingency Theories, Current
Issues in leadership, Emotional intelligence, Leadership styles & their impact on employees
Groups Dynamics & Understanding Work Groups and Teams: What is group dynamics? Formation
of groups, Types of groups, Understanding Group Processes and Issues in Teamwork, Issues faced
in team work, Creating Effective work teams
NMIMS Global Access - School for Continuing Education
Conflict Management: Understanding conflict, Functional & Dysfunctional conflicts, Types of
conflicts, Inter-personal conflict, Intergroup conflict, Conflict Resolution, Allowing functional conflict
for Organisational effectiveness
Power & Politics in Organisations: Difference Between Leadership & Power, Sources of Power,
Identifying the sources of Power in an Organisation, Power Tactics, Power In groups, Politics in
Organisations, Factors contributing to Politics, Organisational culture and its responsibility in
breeding
politics, Personality development for encountering politics
3. Business Economics
Introduction to Business Economics: Economics and Business Decision Making; Economics: Scope
of economics; economics as a tool for decision making; Business Economics: Definition and scope;
distinction between economics and Business Economics; Economic Indicators and Business Cycles
Demand and Supply Analysis: Demand, Generalized Demand Function, The law of demand,
Shift and movement along demand curve, Elasticity of demand: Price, Income and Cross Price
elasticity of demand, Demand Estimation: Basic concepts , Supply, Generalized supply function,
Supply functions, Shifts and movement in the supply curve, Supply elasticity, Market equilibrium,
Changes in the market equilibrium, Changes in demand (supply constant), Changes in supply
(demand constant).
Cost & Production Analysis: Production in the short run, Total product, Average and marginal
products, Law of diminishing marginal product, Production in the long run, Production isoquants,
Characteristics of isoquants, Marginal rate of technical substitution, Isocost curves, Finding the
optimal
combination of inputs, Short run costs of production, Fixed and variable cost, Short run total
costs, Average and marginal cost, Marginal cost curves, Long run costs, Derivation of cost schedule
from a production function, Economies and diseconomies of scale, Economies of scope
Market Failures and Price Regulations: Market failures and need for regulation, Regulations and
market structure, Firm behavior, Price regulation
Globalization and its Impact: Economic, Social, Sustainable Development, Role of Business
in Sustainable Development, Millennium Development Goals, India and the MDGS Business
and Society, Business Organizations as Systems.
Developing A CSR Strategy: Steps in Designing CSR Strategy, Develop a Working Definition
of CSR, Review Corporate Documents, Processes and Activities, Developing a CSR Strategy:
Build Support with Senior Management and Employees, Research what others are doing,
Prepare a Matrix of Proposed CSR Actions, Develop Options for Proceeding and Develop the
Business Case for CSR Action, Decide on Direction, Approach and Focus Areas Implement
CSR Commitments: Develop an Integrated CSR Decision-making Structure, Prepare and
Implement CSR Business Plan, Set Measurable Targets and Identify Performance Measures,
Engage Employees and Others to Whom CSR Commitments Apply, Design and Conduct CSR
Training, Establish Mechanisms for Addressing Problematic Behaviour, Create Internal and
External Communication Plan.
Implementing CSR Strategy: Areas of CSR Implementation, CSR at Market Place: Benefits
of Marketplace CSR, Designing Market Place CSR Activities, CSR at Workplace: Benefits
of CSR at Workplace, Designing Work Place CSR Activities, Environmental CSR: Benefits
of Environmental CSR, Designing Environmental CSR, CSR with Communities, Types
of Interventions: Benefits of Community Interventions, Steps to Design CSR Intervention,
Strategic Partnerships: Reasons for Corporate NGO Partnership, Criteria for Selecting NGO
Partner, NGO Strategies to Influence CSR.
CSR Monitoring and Measurement: Focus of Measurement , Measure Fewer Things Better,
Measure What Matters, Communicate Fewer Metrics in Multiple Ways, What is Monitoring?,
Internal Compliance Monitoring, External Monitoring and Measurement Importance.
CSR Reporting: Benefits of Reporting: Whom to Report, How to Report, Contents of CSR
Report, Formats of CSR Communication and Reporting, The Reporting Team, Additional
References for CSR Reporting.
6. Business Communication
Fundamentals of business writing: Adaptation and selection of words, Use of familiar words,
Adapting to multiple readers
Indirectness in persuasion and sales messages: Determining the persuasion, Gaining attention in
the opening, Making the request clear and positive
Public speaking and oral reporting: Making formal speeches, Defining oral report, Differences
between oral and written reports, Planning the oral report, Telephone communication
Personal etiquettes and grooming for corporate: Eye contact, Body language, Handshake, Business
card etiquette, Work habits – punctuality, prioritizes your work, stay positive, Bring solution, etc.
SEMESTER II
7. Marketing Management
Marketing Strategy: Planning – Designing the Blueprint for the Future, Characteristics of a Good
Marketing Plan, Importance of Marketing Planning, Strategic Corporate Planning by Top
Management, Vision by Top Management, Assigning Resources to each Strategic Business Unit,
Applications of Portfolio Models, Strategic Planning at Business Unit Level, Designing an Overall
Marketing Plan.
Demand Measurement and Sales Forecasting: Measures of Market, Demand Estimation and
Measurement, Demand Forecasting, Characteristics of a Good Demand Forecasting Method, Steps in
Demand Forecasting, Techniques of Demand Forecasting, Demand Forecasting of New Products.
Product and Product Life Cycle: Layers of the Product, Classification of Products, Product Mix
Decisions, Organisational Goals and Product Mix, Managing Product Lines, Managing Brands – Types
of Brands, Branding Decisions, Elements of Branding, Brand Equity, Brand Valuation, Brand Building
Process, Product Life Cycle (PLC).
New Product Decisions: New Product Options, Role of New Product Development Process in an
Organization, New Product Development Process, Reasons for Adding a New Product, Improve, Buy
or Drop Decisions for a Product, Consumer Adoption Process.
Distribution Channels and Logistics: Distribution/Marketing Channels, Role of Distribution Channels,
Value Networks, Channel Design Decisions, Channel Management Decisions: A System of
Cooperation and Competition, Channel Integration and Systems, Logistics.
Pricing Decisions: Deciding Pricing Strategy, Objectives of Pricing, Factors Influencing Pricing
Decisions – Cost Factors, Demand Factors, Methods of Pricing, Price Sensitivity and Consumption.
Accounting Process: Accounting Process, Journal, Ledger, Meaning of Subsidiary Books, Bills of
Exchange
Trial Balance to Final Accounts: Preparing a Trial Balance ,Rectifying Errors, Final Accounts
Corporate Accounts: Revised Schedule VI of the Companies Act, 1956 ( W.e.f 1-4-2011)
Cash Flow Statement: Cash Flow Statement , Cash Flow Statements ( AS-3)
Financial Statement Analysis I: Financial Statements, Profit and Loss Account, Balance Sheet
Financial Statement Analysis II: Ratio Analysis, Types of Ratio, The DuPont Equation
Financial Statement Analysis III: Common Size Analysis, Trend Analysis, Percentage Change
Analysis, Management’s Analysis and Discussion: Thinking beyond Numbers
9. Essentials of HRM
Human Resource Planning: Human Resource Planning- Need, Objectives, Process of Human
Resource
Planning, Techniques of HR Demand Forecasting- Qualitative Methods, Quantitative Methods,
Factors affecting HR Demand Forecasting, Benefits & Challenges of Human Resource Planning
Job Analysis and Job Design: Job Analysis: Definition, Scope ,Process of Job Analysis, Information
Collection for Job Analysis, Methods, Limitations and Effectiveness of Job Analysis, Job Description
- Need , Objectives , Features, Job Specification – Need, Objectives ,Features, Job Design- Nature ,
Process, Effectiveness of Job Design, Contemporary issues in Job Design, Job enrichment, Job
enlargement,
Job rotation
Recruitment and Selection: Recruitment- Meaning & Definition, Purposes & Importance ,Factors
governing recruitment, Sources, Methods of Recruitment, Selection, Differences between
Recruitment
and Selection, Process of Selection, Merits and Demerits of the Interview Method, Steps for effective
interviewing, Selection in India, Selection from a Global perspective, Outsourcing, Outsourcing
HR in India
Induction and Orientation: Induction- Need, Process, Merits and Demerits of Induction, Orientation-
Purpose, Types, Process of Orientation Program Development, Effectiveness of Orientation
Program, Problems of Orientation
Training and Development: Concept of Training, Training and Education, Need & Importance of
Training in Organizations, Stakeholders in Training, Process of Training, Needs assessment,
International
training issues, How to make training effective ,Types of Training, Cross-cultural training,
Team training, Orientation training, Training and Learning organizations, Concept of Development,
Need of Development in Organizations, Difference between training and development, Coaching and
Mentoring, Difference between coaching and mentoring, Process of Coaching and Mentoring,
Implementation of Coaching and Mentoring in a firm
Human Resource Development: HRD- Meaning, Need, Objectives, Scope, Functions, Process of
HRD, Types of HRD Systems, Effectiveness of HRD
Career Planning and Succession Planning: Career Planning, What is career?, Career stages, Career
choices and preferences, Career Anchors, Career Planning- Objectives, Process, Merits and
Demerits , Succession Planning- Objectives, Process, Merits and Demerits
HR Audit and Accounting: HR Audit- Need, Objectives, Role, Significance ,Process of HR Audit,
Benefits and Limitations of HR Audit, HR Accounting- Need, Objectives, Scope , Methods of HR
Accounting, Benefits and Limitations of HR Accounting, HR Information Systems (HRIS)- Need,
Objectives, Scope, Components , Types of HRIS, Application of HRIS in HR Management, Benefits
and Limitations of HRIS
Models of Strategic Management: Mintzberg, Ansoff, Porter, Prahalad and Gary Hammel,
McKinsey’s 7’S Framework: A Tool to Evaluate and Control an Organisation
Industry Analysis: Formulation of Strategy, Five Competitive Forces that Shape Strategy, PESTLE
Analysis, Competition and Value, Industry Structure, Technology Lifecycle, Industry Analysis in
Practice, Defining the Relevant Industry
Strategic Management Process: Purposes of Strategic Management Process, Steps involved in the
Strategic Management Process, Strategic Management Process, Strategy Formulation, Constraints
and Strategic Choice, Strategy Implementation, Strategic Control and Assessment
Analyzing Resources and Capabilities: Factors affecting the Internal Environment, Resources and
Capabilities as Sources of Profit, Resources of the Firm, Organizational Capabilities, Appraising
Resources and Capabilities, Putting Resource and Capability Analysis to Work, Developing Resources
and Capabilities
Formulating Functional Level Strategy: Putting Strategy into Action, Structural Design, Information
and Control System, Human Resources
Corporate Goals and Strategic Gap: Corporate Goals, Strategic Gap, Porter’s Generic Strategies
Descriptive Statistics: Collection, Processing and Presentation of Data: Descriptive and Inferential
Statistics, Collection of Data, Editing and Classification of Data, Classification of Data, Tabulation of
Data, Diagrammatic and Graphical Representation of data
Skewness and Kurtosis: Karl Pearson’s Coefficient of Skewness (SKp), Bowley’s Coefficient of
Skewness (SKB), Kelly’s Coefficient of Skewness (Skk), Measures of Kurtosis, Moments
Regression Analysis: Regression Analysis, Simple Linear Regression, Coefficient of Regression, Non-
linear Regression Models, Correlation Analysis vs Regression Analysis, Case Study Problem based on
Regression Analysis and Correlation Analysis
Theory of Probability: Important Terms in Probability, Kinds of Probability, Simple Propositions of
Probability, Addition Theorem of Probability, Multiplication Theorem of Probability, Conditional
Probability, Law of Total Probability, Independence of Events, Combinatorial Concepts
Use of Excel Software for Statistical Analysis: Introduction to Excel, Entering Data in Excel,
Descriptive Statistics, Basic Built-in Functions (Average, Mean, Mode, Count, Max and Min),
Statistical Analysis, Normal Distribution, Brief about SPSS
The Indian Contract Act-Part I: Indian Contract Act 1872: Meaning and Evolution, Standard
Forms of Contract, Privity of Contract, Consent and Free Consent, Consideration
The Indian Contract Act-Part II: Capacity to Contract, Quasi Contracts, Performance of Contract,
Discharge by Contract, Breach of Contract, Indemnity and Guarantee, Bailment, Pledge and
Finder of Goods
The Indian Sale of Goods Act, 1930: Definition and Essentials of a Contract of Sale
Partnership Act, 1932: Introduction to Partnership, Legality of the partnership firm, Overview of
the Limited Liability Partnership Act, 2008.
Consumer Protection Act, 1986: Objective and Scope of the Consumer Protection Act 1986, Rights
of the Consumer, Consumer Protection Councils
Competition Commission Act, 2002-Part II: Rectification of Orders, Other Important Provisions,
MRTP and Restrictive Trade Practices
Right to Information Act, 2005: Salient Features of the Right to Information Act, 2005, Objective,
Public Authorities & their obligations, Designation of Public Information Authority, Public
Information Officers and their Duties, Procedure for Requests for Obtaining Information, Exemption
from Disclosure, Central and State Information Commission, Appellate Authorities
Miscellaneous Laws: Workmen Compensation Act, 1923, Payment of Bonus Act, 1965, Employees
Provident Funds Act, 1952, Payment of Gratuity Act, 1972, Minimum wages Act, 1948, Companies
Act, 2013 , Information Technology Act, 2000
Semester 3:
Courses:-
Introduction to Enterprise Resource Planning (ERP), Reasons for Growth of ERP, Scenario and
Justification of ERP in India, Evolution of ERP, What is ERP?, Evaluation of ERP, Various Modules of
ERP, Advantages of ERP, ERP vs. CRM and SCM
Modules of ERP, ERP Production Planning Module, ERP Purchasing Module, ERP Inventory Control
Module, Warehouse Management, ERP Sales and Distribution Module, ERP Financial Module, HR
Module, CAQ and CIQ, Plant Maintenance
SAP AG, Baan Company, Oracle Corporation, SSA Inc., QAD, Selection of ERP Packages and Modules
ERP – An Overview, Role of Consultants, Vendors and Users, ERP: Post Implementation Options, ERP
Implementation Methodology
New Market, New Channels, Future Directions in ERP, Faster Implementation Methodologies,
Business Models And Business Application Programming Interfaces (BAPIs), Convergence of
Windows NT, Application Platforms, New Business Segments, More Features, Web Enabling
Unit 9: ERP-II
Exploring ERP-II, What are the Added Features In ERP II?, What the Future Holds for ERP?, An
Introduction into Open Source ERP Technologies, What are the Facilities Offered by Web Enabled
ERP Services?, Benefits of ERP Logistics Package.
e-B usiness
IT Project Management
Unit 1: Introduction to IoT: What Is IoT? Characteristics of IoT Data (Streaming, high-volume, semi-
structured) , Models for IoT, Technology Roadmap, Benefits of IoT, Impact of IOT on the business
landscape
Unit 2: Trends and Characteristics: Intelligence, Architecture (Network architecture), Complexity,
Size considerations, Space considerations
Unit 3: IoT Applications in Industries: Building and home automation, Retail, Media, Supply Chain,
Environmental monitoring, Infrastructure management, Manufacturing, Pharmaceuticals and
Healthcare, Transportation,
Unit 4: IoT Challenges: Security & privacy concerns, enterprise security, fragmentation of Standards,
Processing Big Data, Scalability, Compatibility between different smart sensors
Unit 5: IoT for Smart Cities: What is “smart” in smart cities? Smart components – (sensors,
microprocessors, data storage, controls, software, and, typically, an embedded operating system
and enhanced user interface), Terminology related to smart cities, Technology framework, Smart
Communities and Energy management
Unit 6: IoT and Consumer Wearables: Wearable technology, quantified self, connected health,
and smart retail.
Unit 7: Augmented Reality: Introduction to AR, HW and SW Technology requirements for AR,
Business Models, AR Applications (Archaeology, Architecture, Commerce, Education, Medical,
Military, Navigation, Industrial design, Tourism, Retail, Video Games), Privacy Concerns
Unit 8: Virtual Reality: Introduction to VR, Evolution of VR, VR Applications (Education and training
, Fine Arts, Engineering, Therapy, theme Parks, retail, marketing, Fitness, Media etc.), Companies
working in the virtual reality sector, challenges faced with VR.
IT Infrastructure Management
Cloud Computing
Unit 1: Introduction to Cloud Computing: Introduction; Cloud Service Models; Cloud Deployment
Models; Exploring the uses of cloud; Cloud computing Features; Cloud Characteristics (On-demand
usage , Ubiquitous Access, Resource pooling, Elasticity, Measured usage, Resiliency) ; Common use
cases of cloud Computing
Unit 2: Cloud Service Models: Infrastructure as a service (IaaS); Platform as a service (PaaS);
Software as a service (SaaS), Everything as a Service (XaaS)
Unit 4: Technology platforms for Cloud Computing: AWS, Azure, Google App Engine, Blue Cloud,
Force.com etc.
Unit 5: Challenges of Cloud Adoption: Performance; Reliability; Security and Privacy; Bandwidth
costs
Unit 7: Cloud Computing Key Business Drivers: Cloud computing and out-sourcing; Scalability: Types
of Scalability; time to Market Benefits; Distribution over Internet
Unit 9: Securing the Cloud: Basic Terms and Concepts, Confidentiality, Integrity, Authenticity,
Availability, Threat, Vulnerability, Risk, Security Controls, Security Mechanisms, Security Policies,
Threat Agents , Anonymous Attacker, Malicious Service Agent, Trusted Attacker , Malicious Insider
,Cloud Security: Threats , Traffic Eavesdropping, Malicious Intermediary, Denial of Service,
Insufficient Authorization, Virtualization Attack, Overlapping Trust Boundaries
Unit 10: Mobile Cloud Introduction: Definition; Architecture; Benefits; challenges; Computing in
mobile and at cloud shield
Semester 4
Unit 1: Business Transformation with Big Data: What is Big Data; Structured v/s Unstructured data
Big Data Skills and Sources of Big Data; Big Data Adoption; Characteristics of Big Data - The Seven V's;
Understanding Big Data with Examples; Key aspects of a Big Data Platform; Governance for Big Data;
Text Analytics and Streams; Business applications of Big Data; Technology infrastructure required to
store, handle, and manage Big Data
Unit 2: Technologies for handling Big Data: Distributed and Parallel Computing for Big Data,
Introduction to Big Data Technologies (Hadoop, Python, R etc.) Cloud Computing and Big Data,
In‐Memory Technology for Big Data; Big Data Techniques (Massive Parallelism; Data Distribution;
High-Performance Computing; Task and Thread Management; Data Mining and Analytics; Data
Retrieval; Machine Learning; Data Visualization)
Unit 3: Introduction to Business Analytics: What is Business Analytics (BA)? ; Types of BA; Business
Analytics Model; Importance of business analytics now; what is Business Intelligence (BI)? Relation
between BI and BA; Emerging Trends in BI and BA
Unit 4: Resource considerations to support Business Analytics: What is Data, Information and
Knowledge; Business Analytics Personnel and their roles, required competencies for an analyst;
Business Analytics Data; Ensuring Data Quality; Technology for Business Analytics; Managing Change
Unit 5 : Descriptive Analytics: What is descriptive Analytics; Visualizing and Exploring Data;
Descriptive Statistics; Sampling and Estimation; Introduction to Probability Distributions
Unit 6: Predictive Analytics: What is predictive Analytics; Introduction to Predictive Modeling: Logic
driven and data driven models; Data Mining; Data Mining Methodologies
Unit 9: Business Analytics in Practice: Financial and Fraud Analytics, HR analytics, Marketing
Analytics, Healthcare Analytics, Supply Chain Analytics, Web Analytics, Sports Analytics and Analytics
for Government and NGO’s
IT security and risk management
Unit 1 : Introduction to Information Security: Definition - Secrecy and Confidentiality - Accuracy,
Integrity and Authenticity - Security Threats - Vulnerabilities, Threats and Countermeasures - Firewall
- Planning and Administration -Log analysis basic - Logging states - When to look at the logs - Security
information Management.
Unit 2: Ethical Hacking of Computer network, system and application - Malicious Code, Mobile Code
& Denial Of Service attack - Information Security Assessment Process - Network Stalking and
Fingerprinting - Cracking the Shadow and Administrator - Privilege Escalation - Wireless Security and
Review - RFID Hacking and Security Review - Spyware and Phishing
Unit 3 :Security Policy and Awareness - Security policy guidelines - Security awareness - People,
Process and Technology - Physical Threats to the Information System - Information Infrastructure -
Operating system fundamentals and security
Unit 4 : Access Control Systems and Methodology: Access Control Overview - Identification and
Authentication Techniques - Access Control Techniques - Access Control Methodologies and
Implementation - Access Control Administration - Access Control Working Process Attacks and
Monitoring: Monitoring - Intrusion Detection - Penetration Testing - Methods of Attacks - Access
Control Compensations - Security Testing Working Process.
Unit 5: Auditing and Monitoring: Auditing - Monitoring - Monitoring Tools and Techniques -
Penetration Testing Techniques - Inappropriate Activities - Indistinct Threats and Countermeasures –
IT Act - THE CYBER REGULATIONS APPELLATE. ISO 27000 – Impact of ISO 27000 on Information
Security Management Systems.
Digital Payments
• Banks & Credit Unions, Store Cards Providers, Credit Card Associations, Payment Processors,
POS Terminal Providers, Merchant Providers, Closed Network Providers, Virtual currencies
Providers, e-Wallet Platform Providers
• Introduction to NFC, NFC Applications, General Security Threats to NFC, Solutions and
Recommendations, General Description of the Security of NFC Applications, Functional
Security
• Introduction to a digital wallet? Customer and retailer engagement with digital wallet,
Implementation challenges and realising the opportunities of digital wallets, digital wallet
providers
Unit 6: Virtual Currencies and Crypoto-currencies
Unit 7: Bitcoins
• History of bitcoins, How bitcoin works, buying and storing bitcoins, mining to create new
bitcoins and process transactions, Security and cryptography, psedoanonimity
• What are block chains? Features of block chains (decentralization, forks, openneness, and
applications), Block chain contracts, layers in the stack of bitcoin block chain.
• Mobile payment service provider model, mpass (Mobile Payment Service Offered by
Wireless carriers), Cloud-based mobile payments
• M-pesa : What is M-pesa, M-pesa Development, How M-pesa works, Background
information of M-pesa, future challenges
• Google Wallet : overview, Payments, Security, partnerships
Unit 1 : Concept of Business Ethics: Introduction to Ethics-Objectives, nature and source of Ethics,
Ethics
Vs Morality, Ethics Vs Law, Ethical dilemmas, Introduction to Business Ethics, Features and Relevance
of Business Ethics in the era of globalisation, Creating Ethical Environment in Business Organisation,
Embedding Ethics in Organisation Culture, Guidelines for Ethical Behaviour in Business Organization,
Ethical Leadership
Unit 2: Values, Norms, Beliefs, and Standards in Business Ethics: Concept of Values, Norms, Beliefs
and
Standards in Ethical Context, Characteristics of Values, Types of Values-Spiritual values, Spiritual
Managerial Values and Professional Managerial Values, Business Ethics and Values: Honesty, Trust,
Fairness and Respect, Objective of Value Based Management, Factors Responsible for the
Enhancement and Dilution of Human Values
Unit 3: Indian Ethos: The Relevance of Indian Ethos-Spiritualty at Work, Indian Work Ethos and
Principles
of Indian Management: Principles of Ethical Power for organizations, Nishkam Karma and
Business World, Teachings from Scriptures and Traditions: Mahabharata, Gita and Work Ethos,
Eroding Values and Emerging Ethical Issues in Contemporary Indian Management
Unit 4 : Ethical Issues in Functional Area of Management: Ethical Issues in Marketing, Ethical Issues
in
HRM, Ethical Issues in IT, Ethics in Production and Operation Management, Ethics in Finance and
Accounting
Unit 10: Identification and Management of Risk: Enterprise Risk Management with 360 Degree
Approach, Risk Registrar: Finance, Operational, Human Resource, Strategy, Information Technology
and Security Risk, Government Policy, Enterprise Risk Management Framework: Casualty Actuarial
Society Framework, COSO ERM Framework and RIMS Risk Maturity Model, Risk Management
Committees, Audit Committee in Risk Management, Council in Risk Management, Risk Champions
PG Diploma in Marketing Management
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
1
Semester-3 Subjects Credits
1 Brand Management 4
2 Consumer Behavior 4
3 Marketing Strategy 4
5 Sales Management 4
6 International Marketing 4
1 B2B Marketing 4
2 Services Marketing 4
4 Marketing Research 4
5 Business Law 4
6 Project 4
2
Semester I
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
3
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
4
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
5
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational Behavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
6
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
• Group Dynamics
• Features of Groups
7
• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
8
• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
9
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity- Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
10
• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions- Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
11
4. Corporate Social Responsibility
Syllabus
12
• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
13
5. Information System for Managers
Syllabus
14
• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System (SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
15
• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
Communication in workplace
16
• Making the request Clear and positive
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
17
Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
18
Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
19
The Strategic Management Process – Situation analysis, Formulating Corporate Level Strategy,
Portfolio Strategy.
Formulating Business Level Strategy – Porter’s Competitive Forces and Strategies, Cooperative
Strategies.
Strategic implications of five competitive forces, Evaluating company resources and competitive
capabilities, Competencies, core and distinctive competencies and competitive advantages.
Formulating Functional level Strategies – Putting strategy into action‐leadership‐structural
design, Information and control systems, human resources – Implementing global strategies.
Corporate goals and strategic gap, Five generic strategies (Porter’s model)
Managing internal organization for Strategy implementation
5. Operations Management
Syllabus
20
• Press release
• Reports
• Proposals
• Minutes and notes
• Internet as communication medium --- websites, advertising, blogs etc
• Verbs –[tenses; active and passive voice; Subject-Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
21
Semester III
1. Brand Management
2. Consumer Behavior
Syllabus
22
Information processing & learning.
Individual determinants of Consumer Behavior 3 – Attitude formation &Change
Environmental influences 1
1. Culture, subcultural, cross culture.
2. Culture/Sub‐cultural impact on 7Ps of product/service.
3. Rural vs. Urban Consumer Behavior
Cross‐cultural analysis.
Environmental influences 2 – Social Class, social groups, family
Social Class differences, family influences.
Environmental influences 3 – Opinion leadership
Diffusion of innovations, Diffusion of innovation for product/service.
Using Consumer Behavior in designing product/ad.
Consumer Decision Process
Analyse retail environment
Consumer Protection. Consumer Protection laws
3. Marketing Strategy
Syllabus
Concept of strategy: The environment, corporate vision and mission; setting goals and objectives,
planning and strategy, from corporate strategy to marketing strategy. The 4 “A”s of Day’s Marketing
Strategy model
Approaches to strategy: Porter’s 5 forces model, generic strategies; Hamel and Pralhad and the concept
of “Strategic Intent”; consumer oriented, competition oriented and resource based strategies
Competitive strategies: Porter’s concept of value chain analysis; market leader / challenger / follower
strategies
Competitive Strategies: Branding as a marketing strategy: when and how industrial products v/s
consumer products; positioning the company and the brand; brand extensions
Marketing strategy and marketing‐mix: Customer‐value creation intensive, integrative and
diversification growth strategies
Structural approaches to marketing strategy: PIMS Model, Malcolm Baldridge Model, McKinsey’s 7‐S
Model Financial considerations in evolving marketing strategy.
23
4. Customer Relationship Management
Syllabus
5. Sales Management
Syllabus
24
6. International Marketing
Syllabus
Semester IV
1. B2B Marketing
Syllabus
Characteristics of B2B Marketing: Characteristics of B2B Marketing, Types of goods, services and
customers, Understanding supply chain and value chain, The Underlying principles of Relationship.
Overview of Modern Business Information System in B2B Marketing: Modern Business Information
Systems, Basic Systems Concepts, Current B2B Applications, Future Directions.
Issues Affecting B2B Marketing: B2B Market segmentation and Positioning (STP), Understanding
business values (products, services and pricing), Inter‐organizational Relationship, Buying Behaviours of
Business Buyers, Power, Conflict and Building relationships, Five forces model and its
interpretation/evaluation.
Channels Organization and Issues: Channel flows and structures, Supply chain Management, Networks,
Electronic and Internet applications in channel management
25
B@B Communication Tools: A model of B2B Marketing Communication, Planning B2B Communication
Activities, Relationship based marketing Communications, Agency/client Relationship
Advertising in B2B Communications: Advertising, Public Relations in B2B, Direct Marketing, Use of
Channel Incentives and innovative technique.
Sales Promotion in B2B Communication: Sales Promotion and B2B communications, Personal selling
and Managing relationships, Multiple channel selling, Key Account Management
2. Services Marketing
Syllabus
Introduction to Services
Consumer behavior in Service
Customer Expectations of Service
Customer Perceptions of Service
Understanding Customer Expectations and Perceptions through Marketing Research
Building Customer Relationships
Service Recovery
Service Development and Design
Customer – Defined Service Standards
Physical evidence and The Servicescape
Employees’ Roles in Service Delivery
Customers’ Roles in Service Delivery
Delivering Service through Intermediaries and Electronic Channels
Managing Demand and Capacity
Integrated Service Marketing Communication
Pricing of Services
The Financial and Economic Effect of Services
The Integrated Gaps Model of Service Quality
Syllabus
Marketing Communication Basics: Firm as a Sender as well as receiver of information, Shannon Weaver
and other models of communication, Marketer to customer; Marketer to Marketer communication
(dyads of communication), Promotion mix – an overview of various modes of marketing communication,
Advertising, sales promotion, direct marketing, PR, personal selling.
Understanding Advertising Media: Broadcast Media – Television, Radio, Print – Newspaper, Magazines,
journals and Industry publications, Out‐of‐home (including Malls/Multiplex and point of purchase
26
media), Events and Activitations, New Media – Internet – Portals, Social networking sites, Search engine
marketing, User generated content, Mobile – SMS, WAP, Mobile Internet through WAP, impact of 3G
and rich content on mobile.
Understanding Role of an Advertising Agency: Client and Agency relationship, Importance of a Media
Brief from the client (with sample briefs), Various teams within the advertising agency, Media Planning
and Buying teams and its function, Creativity for commerce, Creatives – Art and the Copy team
functions,
Campaign Planning (explain the process, followed by an example illustrating the complete process):
Understanding media habits of the target audience, Brief from Client – need for an accurate brief, From
situation analysis to the complete campaign execution – the process.
Measurement of Marketing Communication effectiveness: Concept of DAGMAR, Post
evaluation of campaigns – need and the process.
Case studies of integrated marketing campaign in India
4. Marketing Research
Syllabus
Introduction to MR
Need and Scope of MR
Application of MR to Manufacturing industry and service industry
Structure of MR studies
Types of Research Primary and Secondary
Sampling
Quantitative and Qualitative analysis during various decision phases, scaling Opportunity Analysis:
Attitude and motivation research; focus groups and depth interviews; concept tests and CUT
Test marketing and market segmentation
Advertising Research concepts of copy testing, Ad, recall, Ad. Comprehension, Opening and Punch/Base
line Research
Case study on Advertising and applications
Designing of sample campaign
Stages involved in Advertising research
Types of advertising research – Print, Out‐door, TV/Cinema, Mobile outdoor media, effectiveness of
each medium and how to determine it, suitability of each medium to our products and industry, NRS/IRS
– how to read and use them for decision making
Brand Equity Research
Positioning Research
Brand Valuation Research
Corporate Image Measurement Research
Sales Promotion Research
Campaign Tracking Research
27
Research for Advertising planning; advertising objectives and media experiments
Advertising Research for monitoring and control: pre/post testing of ads; DARs and Tracking studies;
Consumer panels
Analysis of Data: basic techniques: X2 test, t‐test and large sample tests regression, ANOVA, non‐
parametric tests
Introduction to advanced techniques; Factor analysis, Cluster and Discriminate Analysis; Conjoint
Analysis. MDS
Research Report Preparation and Presentation
5. Business Law
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid contract;
nature of contract distinction between contractual obligation and legal obligation, agreement, to sell,
requisite of a valid contract, offer and invitation to offer, modes of acceptance, communication of offer,
express and implied terms, standard forms of contract, exclusion clauses, kinds of agreement, valid, void
and voidable agreement; unilateral, bilateral and international contracts; Validity‐kinds of mistake,
mistake of law and fact‐and the remedies thereof available, Misrepresentation of material fact,
fraudulent and innocent misrepresentation and the remedies available, coercion and undue influence
the effects and the remedies available to the aggrieved. Undue influence the effects and the remedies
available to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of Contracts
and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and illegal agreement,
Agreement void under the Statue. Quasi Contracts; Termination and discharge of contract: Performance
of contract, Different modes of discharge of contract, Performance as to place, time, joint performance
of promises, apportionment of payments. Discharge by agreement, Novation and assignment, remission
of performance, discharge by frustration‐when plea of frustration is admission and the rights and
liabilities of the parties when frustration operates; Breach of Contract‐breach and anticipatory breach of
contracts, damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference between
indemnity and guarantee, surely and indemnifier, specific guarantee and continuing guarantee; Rights of
the indemnified, surety right against principal debtor and Co‐surety; Bailment, Pledge and Finder of
Goods‐ Nature and essential features of bailment and pledge, bailment for reward gratuitous bailment,
bailee’s duty, pledge as a special kind of bailment. Pawnee’s right against the pawner and Pawners right
against the Pawnee. Finder of goods as quasi as quasi bailee, duties of finder of goods and his rights and
liabilities for reward, sale; Law of agency‐Agency and other forms of Contract, Types of Agencies like by
holding out, operation of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified,
Relationship of principal and agent, Rights and liabilities of the Agent against third party, Rights and
liabilities of the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
28
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished from agreement
to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and warranties; Transfer of
title by non‐owners; doctrine of caveat emptor; performance of the contract of sale; Unpaid seller‐his
rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal position of a
minor partner and his rights and liabilities; Distinction between partnership firm, Co‐ownership joint
Hindu family and joint stock companies, legality of the partnership firm, types of partners; Express and
implied authority, scope of implied authority, Rights and liabilities of a partner against third party and
other partners; Rights of newly admitted partners, retiring and deceased partners, registration of and
dissolution of partnership forms; Overview of the Limited Liability Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis, cheques,
bank drafts, traveler’s cheque and the rights and duties of various parties to these instruments; Law of
presentment of these instruments, honor and dishonor of negotiable instruments, material alteration,
noting and protesting. Law relating to foreign bills their noting and protesting etc; Law relating to
payment of customer’s cheques of paying banker‐rights and duties, overdraft agreements, wrongful
dishonor of cheques, stale cheques, forgery of cheques, liability due to negligence of parties and
material alteration, payment in due course; Law relating to the collecting banker‐statutory protection,
effects of negligence, role as a agent or holder in due course, precautions to be taken in collection of
bills, cheques for the customers and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of carriage of goods,
classification of carrier‐common carrier, private carrier, gratuitous carrier, responsibility of common
carrier and Bailee, rights of a common carrier, duties of a common carrier, liabilities of a common
carrier, distinction between a common carrier and private carrier; Carriage of goods by Rail‐Railway Act,
1989‐ Maintenance of rate books for carriage of goods, Provision of rate risks, railway receipt, liability of
railway administration from wrong delivery, responsibility of railway administration as career‐of goods,
of animals, of luggage, exoneration from liability in certain cases, delay or retention in transit, railway
risk rate, liability for damages to goods in defective condition or defectively packed and liability after
termination of transit; Carriage by Sea‐The Carriage of Goods by Sea Act, 1925 (amended in 1993), and
the (Indian) Bill of Lading Act, 1856‐contract of affreightment, express and implied terms in a contractor
of carriage by sea‐implied warranty of seaworthiness, implied warranty of commencement of voyage,
Nondeviation of voyage, Shipper not to ship dangerous goods, bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition complaint,
consumer, contract of service and contract of service, consumer dispute, restrictive trade practice,
defect, deficiency; Consumer protection council‐central consumer protection council, state consumer
protection council, district consumer protection council; Redressal machinery, jurisdiction, complaint
before them, district forum, sate commission, national commission, limitation period, administrative
control, power of redressal agencies; Nature and scope of remedies under the act‐ appeals penalties
proceeding before consumer forums and applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel, chairperson, commission,
consumer, Director General, Enterprises, goods, member, etc., Anti Competitive Agreement, Prohibition
of abuse of dominant position, Combination; Competition Commission of India‐Establishment, powers
29
of them member, inquiry into certain agreement and dominate position of enterprises, Inquiry into
combination by commission, procedure for enquiry of the complaints, Procedure for investigation of
combination, appearance before commission, Power of the commission, ratification of orders, Execution
of orders by the commission, Compensation in case of contravention, Competition appellate tribunal
procedure and powers, execution of orders, and ability on contravention of orders, appeal to Supreme
Court, power of the Central Government, MRTP (Monopolistic Trade Practice, unfair Trade Practice) &
Restrictive Trade Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005; Objective,
Public Authorities & their Obligations; Designation of Public Information, Officers (PIO) and their Duties;
Request for obtaining Information, Exemption from disclosure; Who is excluded; Information
Commissions (Central & State) and their powers; appellate authorities; penalties, jurisdiction of Courts;
Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions; Payment of
Bonus Act, 1965; Object, application and major provisions; Exemption; compliances, offences and
penalties; Employees Provident Funds Act, 1952; Application, major provisions, Exemption and
compliances; Payment of Gratuity Act, 1972; Application, major provisions, Controlling Authority and
the Appellate Authority, obligations and rights of employees and compliances; Minimum wages Act,
1948; Object and its scope, fixation, payment of wages, Advisory Board, Central Advisory Board;
Authority and claims, compliances, offences and penalties.
6. Project
30
Post Graduate Diploma in Operations Management
1. Curriculum:
Year 1 Year 2
Semester 1 Semester 3
Information Systems for Managers Operations and Supply Management
Corporate Social Responsibility Enterprise Resource Planning
Business Economics Total Quality Management
Business Communication & Etiquette Project Management
Management Theory and Practice Procurement Management
Organizational Behavior Service Operations Management
Semester 2 Semester 4
Essentials of HRM World Class Operations
Marketing Management Operations and Supply Chain Strategies
Financial Accounting & Analysis Lean Six Sigma
Strategic Management Warehouse Management
Business Statistics Business : Ethics , Governance and Risk
Business Law Project
SEMESTER I
Culture in the Organization: Introduction - Culture and the Business Organization - Components
of Culture - Corporate Culture - Culture and Communication - How to Effect Cultural Change
in the Organization - Implications of Culture in Management - Minimizing Conflict Between
Administrative Action and Cultural Values
Role of Information in Organizations: Data and Information - Value Added Resources - Planning
and Administration Competency - Common Information Technologies - Decision Support System
- Expert System - Group Decision Support System - Teamwork Competency
2. Organisational Behaviour
Learning: The Concept of Learning, Theories of Learning, Learning through Reinforcement, A glance
at Organisational reward system, How to administer reinforcement? The impact of punishment
Motivation: Meaning, Primary Motives, General Motives & Secondary Motives, Motivational
Approaches, Motivation in Practice
Leadership: Introduction, Behavioural Theories, Trait Theories, Contingency Theories, Current
Issues in leadership, Emotional intelligence, Leadership styles & their impact on employees
Groups Dynamics & Understanding Work Groups and Teams: What is group dynamics? Formation
of groups, Types of groups, Understanding Group Processes and Issues in Teamwork, Issues faced
in team work, Creating Effective work teams
NMIMS Global Access - School for Continuing Education
Conflict Management: Understanding conflict, Functional & Dysfunctional conflicts, Types of
conflicts, Inter-personal conflict, Intergroup conflict, Conflict Resolution, Allowing functional conflict
for Organisational effectiveness
Power & Politics in Organisations: Difference Between Leadership & Power, Sources of Power,
Identifying the sources of Power in an Organisation, Power Tactics, Power In groups, Politics in
Organisations, Factors contributing to Politics, Organisational culture and its responsibility in breeding
politics, Personality development for encountering politics
3. Business Economics
Introduction to Business Economics: Economics and Business Decision Making; Economics: Scope
of economics; economics as a tool for decision making; Business Economics: Definition and scope;
distinction between economics and Business Economics; Economic Indicators and Business Cycles
Demand and Supply Analysis: Demand, Generalized Demand Function, The law of demand,
Shift and movement along demand curve, Elasticity of demand: Price, Income and Cross Price
elasticity of demand, Demand Estimation: Basic concepts , Supply, Generalized supply function,
Supply functions, Shifts and movement in the supply curve, Supply elasticity, Market equilibrium,
Changes in the market equilibrium, Changes in demand (supply constant), Changes in supply
(demand constant).
Cost & Production Analysis: Production in the short run, Total product, Average and marginal
products, Law of diminishing marginal product, Production in the long run, Production isoquants,
Characteristics of isoquants, Marginal rate of technical substitution, Isocost curves, Finding the
optimal combination of inputs, Short run costs of production, Fixed and variable cost, Short run total
costs, Average and marginal cost, Marginal cost curves, Long run costs, Derivation of cost schedule
from a production function, Economies and diseconomies of scale, Economies of scope
Market Failures and Price Regulations: Market failures and need for regulation, Regulations and
market structure, Firm behavior, Price regulation
Globalization and its Impact: Economic, Social, Sustainable Development, Role of Business
in Sustainable Development, Millennium Development Goals, India and the MDGS Business
and Society, Business Organizations as Systems.
Developing A CSR Strategy: Steps in Designing CSR Strategy, Develop a Working Definition
of CSR, Review Corporate Documents, Processes and Activities, Developing a CSR Strategy:
Build Support with Senior Management and Employees, Research what others are doing,
Prepare a Matrix of Proposed CSR Actions, Develop Options for Proceeding and Develop the
Business Case for CSR Action, Decide on Direction, Approach and Focus Areas Implement
CSR Commitments: Develop an Integrated CSR Decision-making Structure, Prepare and
Implement CSR Business Plan, Set Measurable Targets and Identify Performance Measures,
Engage Employees and Others to Whom CSR Commitments Apply, Design and Conduct CSR
Training, Establish Mechanisms for Addressing Problematic Behaviour, Create Internal and
External Communication Plan.
Implementing CSR Strategy: Areas of CSR Implementation, CSR at Market Place: Benefits
of Marketplace CSR, Designing Market Place CSR Activities, CSR at Workplace: Benefits
of CSR at Workplace, Designing Work Place CSR Activities, Environmental CSR: Benefits
of Environmental CSR, Designing Environmental CSR, CSR with Communities, Types
of Interventions: Benefits of Community Interventions, Steps to Design CSR Intervention,
Strategic Partnerships: Reasons for Corporate NGO Partnership, Criteria for Selecting NGO
Partner, NGO Strategies to Influence CSR.
CSR Monitoring and Measurement: Focus of Measurement , Measure Fewer Things Better,
Measure What Matters, Communicate Fewer Metrics in Multiple Ways, What is Monitoring?,
Internal Compliance Monitoring, External Monitoring and Measurement Importance.
CSR Reporting: Benefits of Reporting: Whom to Report, How to Report, Contents of CSR
Report, Formats of CSR Communication and Reporting, The Reporting Team, Additional
References for CSR Reporting.
6. Business Communication
Fundamentals of business writing: Adaptation and selection of words, Use of familiar words, Adapting
to multiple readers
Indirectness in persuasion and sales messages: Determining the persuasion, Gaining attention in the
opening, Making the request clear and positive
Public speaking and oral reporting: Making formal speeches, Defining oral report, Differences
between oral and written reports, Planning the oral report, Telephone communication
Personal etiquettes and grooming for corporate: Eye contact, Body language, Handshake, Business
card etiquette, Work habits – punctuality, prioritizes your work, stay positive, Bring solution, etc.
Aspects of communication: Cultural aspects of communication – intercultural and multicultural,
Ethical and Legal aspects
SEMESTER II
7. Marketing Management
Introduction to Financial Accounting: Nature and Scope of Financial Accounting, Difference between
Financial and Management Accounting ,Basic Accounting Concepts ,Advantages and Limitations
of Financial Accounting
Accounting Process: Accounting Process, Journal, Ledger, Meaning of Subsidiary Books, Bills of
Exchange
Trial Balance to Final Accounts: Preparing a Trial Balance ,Rectifying Errors, Final Accounts
Corporate Accounts: Revised Schedule VI of the Companies Act, 1956 ( W.e.f 1-4-2011)
Cash Flow Statement: Cash Flow Statement , Cash Flow Statements ( AS-3)
Financial Statement Analysis I: Financial Statements, Profit and Loss Account, Balance Sheet
Financial Statement Analysis II: Ratio Analysis, Types of Ratio, The DuPont Equation
Financial Statement Analysis III: Common Size Analysis, Trend Analysis, Percentage Change
Analysis, Management’s Analysis and Discussion: Thinking beyond Numbers
9. Essentials of HRM
Introduction to Human Resource Management: Human Resource Management (HRM)- Meaning
and Definition, Evolution, Objectives and Scope of HRM ,Structure of the HRM Department, Functions
of HRM, Challenges of HRM, Personnel Management, Differences between HRM & PM, Strategic
Management and HRM
Human Resource Planning: Human Resource Planning- Need, Objectives, Process of Human Resource
Planning, Techniques of HR Demand Forecasting- Qualitative Methods, Quantitative Methods,
Factors affecting HR Demand Forecasting, Benefits & Challenges of Human Resource Planning
Job Analysis and Job Design: Job Analysis: Definition, Scope ,Process of Job Analysis, Information
Collection for Job Analysis, Methods, Limitations and Effectiveness of Job Analysis, Job Description
- Need , Objectives , Features, Job Specification – Need, Objectives ,Features, Job Design- Nature ,
Process, Effectiveness of Job Design, Contemporary issues in Job Design, Job enrichment, Job
enlargement,
Job rotation
Recruitment and Selection: Recruitment- Meaning & Definition, Purposes & Importance ,Factors
governing recruitment, Sources, Methods of Recruitment, Selection, Differences between
Recruitment
and Selection, Process of Selection, Merits and Demerits of the Interview Method, Steps for effective
interviewing, Selection in India, Selection from a Global perspective, Outsourcing, Outsourcing
HR in India
Induction and Orientation: Induction- Need, Process, Merits and Demerits of Induction, Orientation-
Purpose, Types, Process of Orientation Program Development, Effectiveness of Orientation
Program, Problems of Orientation
Training and Development: Concept of Training, Training and Education, Need & Importance of
Training in Organizations, Stakeholders in Training, Process of Training, Needs assessment,
International
training issues, How to make training effective ,Types of Training, Cross-cultural training,
Team training, Orientation training, Training and Learning organizations, Concept of Development,
Need of Development in Organizations, Difference between training and development, Coaching and
Mentoring, Difference between coaching and mentoring, Process of Coaching and Mentoring,
Implementation of Coaching and Mentoring in a firm
Human Resource Development: HRD- Meaning, Need, Objectives, Scope, Functions, Process of
HRD, Types of HRD Systems, Effectiveness of HRD
Career Planning and Succession Planning: Career Planning, What is career?, Career stages, Career
choices and preferences, Career Anchors, Career Planning- Objectives, Process, Merits and
Demerits , Succession Planning- Objectives, Process, Merits and Demerits
Performance Management: Performance Management- Nature, Significance , Performance
Management Systems in India, Performance Appraisal- Goals, Process, Methods of Performance
Appraisal-Past Oriented & Future Oriented methods, 360 degree Feedback, Multi-rater Assessment,
Feedback systems or the performance appraisal meeting, Benefits of Performance Appraisal,
Problems
of Performance Appraisal, International performance appraisal, Potential Appraisal- Purpose,
Techniques
HR Audit and Accounting: HR Audit- Need, Objectives, Role, Significance ,Process of HR Audit,
Benefits and Limitations of HR Audit, HR Accounting- Need, Objectives, Scope , Methods of HR
Accounting, Benefits and Limitations of HR Accounting, HR Information Systems (HRIS)- Need,
Objectives, Scope, Components , Types of HRIS, Application of HRIS in HR Management, Benefits
and Limitations of HRIS
10. Strategic Management
Models of Strategic Management: Mintzberg, Ansoff, Porter, Prahalad and Gary Hammel, McKinsey’s
7’S Framework: A Tool to Evaluate and Control an Organisation
Industry Analysis: Formulation of Strategy, Five Competitive Forces that Shape Strategy, PESTLE
Analysis, Competition and Value, Industry Structure, Technology Lifecycle, Industry Analysis in
Practice, Defining the Relevant Industry
Strategic Management Process: Purposes of Strategic Management Process, Steps involved in the
Strategic Management Process, Strategic Management Process, Strategy Formulation, Constraints
and Strategic Choice, Strategy Implementation, Strategic Control and Assessment
Formulating Corporate-Level Strategy: Balanced Score Card: A Balanced Approach, Grand Strategies:
Strategic Alternatives, Growth/Expansion Strategy, Diversification Strategy, Stability Strategy,
Retrenchment Strategy, Turnaround Strategies, Combination Strategies
Analyzing Resources and Capabilities: Factors affecting the Internal Environment, Resources and
Capabilities as Sources of Profit, Resources of the Firm, Organizational Capabilities, Appraising
Resources and Capabilities, Putting Resource and Capability Analysis to Work, Developing Resources
and Capabilities
Formulating Functional Level Strategy: Putting Strategy into Action, Structural Design, Information
and Control System, Human Resources
Corporate Goals and Strategic Gap: Corporate Goals, Strategic Gap, Porter’s Generic Strategies
Descriptive Statistics: Collection, Processing and Presentation of Data: Descriptive and Inferential
Statistics, Collection of Data, Editing and Classification of Data, Classification of Data, Tabulation of
Data, Diagrammatic and Graphical Representation of data
Measures of Central Tendency: Characteristics of Central Tendency, Arithmetic Mean, Median, Mode
Measures of Dispersion: Characteristics of Measures of Dispersion, Absolute and Relative Measures
of Dispersion, Range Interquartile Range and Deviations, Variance and Standard Deviation, Case Study
Problem covering Variance, Standard Deviation and Coefficient of Variation
Skewness and Kurtosis: Karl Pearson’s Coefficient of Skewness (SKp), Bowley’s Coefficient of
Skewness (SKB), Kelly’s Coefficient of Skewness (Skk), Measures of Kurtosis, Moments
Regression Analysis: Regression Analysis, Simple Linear Regression, Coefficient of Regression, Non-
linear Regression Models, Correlation Analysis vs Regression Analysis, Case Study Problem based on
Regression Analysis and Correlation Analysis
Use of Excel Software for Statistical Analysis: Introduction to Excel, Entering Data in Excel, Descriptive
Statistics, Basic Built-in Functions (Average, Mean, Mode, Count, Max and Min), Statistical Analysis,
Normal Distribution, Brief about SPSS
The Indian Contract Act-Part I: Indian Contract Act 1872: Meaning and Evolution, Standard
Forms of Contract, Privity of Contract, Consent and Free Consent, Consideration
The Indian Contract Act-Part II: Capacity to Contract, Quasi Contracts, Performance of Contract,
Discharge by Contract, Breach of Contract, Indemnity and Guarantee, Bailment, Pledge and
Finder of Goods
The Indian Sale of Goods Act, 1930: Definition and Essentials of a Contract of Sale
Partnership Act, 1932: Introduction to Partnership, Legality of the partnership firm, Overview of
the Limited Liability Partnership Act, 2008.
Consumer Protection Act, 1986: Objective and Scope of the Consumer Protection Act 1986, Rights
of the Consumer, Consumer Protection Councils
Competition Commission Act, 2002-Part I: Definitions, Anti-Competitive Agreements, Prohibition
of Abuse of Dominant Position, Competition Commission of India (CCI)
Competition Commission Act, 2002-Part II: Rectification of Orders, Other Important Provisions,
MRTP and Restrictive Trade Practices
Right to Information Act, 2005: Salient Features of the Right to Information Act, 2005, Objective,
Public Authorities & their obligations, Designation of Public Information Authority, Public
Information Officers and their Duties, Procedure for Requests for Obtaining Information, Exemption
from Disclosure, Central and State Information Commission, Appellate Authorities
Miscellaneous Laws: Workmen Compensation Act, 1923, Payment of Bonus Act, 1965, Employees
Provident Funds Act, 1952, Payment of Gratuity Act, 1972, Minimum wages Act, 1948, Companies
Act, 2013 , Information Technology Act, 2000
Semester 3:
Location Decision: Need for a Facility Location Planning, Nature of Location Decisions, Factors
Affecting Location Decisions, Selection of Site for the Plant, Procedures for Location Decisions,
Techniques of Location Analysis, Location Decision using the Transportation Method
Plant Layout: Facility Layout, Types of Layout, Process Layout, Product or Line Layout, Fixed Layout,
Cellular or Group Layout, New Approaches to Layout Design, Other Service Layouts
Aggregate Sales and Operation Planning: Meaning of Aggregate Planning, Aggregate Planning
Strategies, Problems with Aggregate Planning, Production Planning and Control (Job Scheduling),
Steps of Production Planning and Control
Theory of Constraints: TOC Process, Five Focusing Steps, Determining the Bottlenecks, Simplified
Approach
Pricing and Revenue Management in Supply Chain Management: Pricing and Revenue Management
in Supply Chain Management, Pricing and Revenue for Multiple Customer Segments, Pricing and
Revenue for Seasonal Demands, Pricing and Revenue for Bulk and Spot Contracts
ERP and Related Technologies: Business Process Re-engineering, Characteristics of BPR, Business
Process, Redesign: An Overview: What is a Business Process?, ERP and BPR, Decision Making,
Categories of Information System, Scope of Information System, Data Warehousing, Data Mining,
Online Analytical Processing
SAP: What is SAP?, What Makes SAP Different?, SAP Application Modules, Business Processes and
SAP, Functionality, SAP R/3 System Overview, R/3 as the Vehicle for Business Integration
ERP Modules: Modules of ERP, ERP Production Planning Module, ERP Purchasing Module, ERP
Inventory Control Module, Warehouse Management, ERP Sales and Distribution Module, ERP
Financial Module, HR Module, CAQ and CIQ, Plant Maintenance
ERP Market: SAP AG, Baan Company, Oracle Corporation, PeopleSoft, J.D. Edwards World Solution
Company, SSA Inc., QAD, Selection of ERP Packages and Modules
ERP Implementation: ERP – An Overview, Role of Consultants, Vendors and Users, ERP Post
Implementation Options, ERP Implementation Methodology
Vendors, Consultants and End Users: Vendors, Consultants, End Users, In-house Implementation
Future Direction in ERP: New Market, New Channels, Future Directions in ERP, Faster Implementation
Methodologies, Business Models and Business Application Programming Interfaces (BAPIs),
Convergence of Windows NT, Application Platforms, New Business Segments, More Features, Web
Enabling
ERP-II: Exploring ERP-II, What are the Added Features in ERP II?, What the Future Holds for ERP?, An
Introduction to Open Source ERP Technologies, What are the Facilities Offered by Web-Enabled ERP
Services?, Benefits of ERP Logistics Package
Total Quality Management
Introduction to Total Quality Management: Concept of Quality, Core Concepts of Total Quality
Management, Learning from Quality Gurus, Total Quality Management Models
Cost of Quality and Quality Control: Cost of Quality, Concept of Quality Control
Statistical Process Control (SPC): Concept of Statistical Process Control, Introduction to Control
Charts
Process Capability: Concept of Process Capability, Comparison of Process Capability with Design
Specifications
Quality Function Deployment: Concept of Quality Function Deployment, Taguchi Methods Leading
to Robust Design, Poka Yoke (Mistake Proofing)
Quality Circles: Concept of Quality Circles, Quality of Work Life (QWL), Organising for Total
Quality Management
Supplier Relationship: Supplier Partnership, Sourcing, Supplier Selection, Supplier Rating, Relationship
Development
Project Management
Financial Feasibility of a Project: Financial Analysis, Profitability Analysis, Cost and Benefit Analysis,
Assessing Tax Burdens, Appraisal Criteria used by Lending Institutions
Capital Budgeting Techniques in Project Selection: Concept of Capital Budgeting, Time Value of
Money, Evaluation of Capital Budgeting, Importance of Cash Flows in Project Selection, Importance
of Cost of Capital in Project Selection, Risks Involved in Project Selection
Nature of Project Decisions and Project Planning: Project Decisions, Concept of Project Planning,
Project Planning Estimation, Project Management Life Cycle
Procurement Management
• Purchase orders and Payment, Blanket order, Open-end orders, vendor managed , inventory,
stockless buying and MRO purchase, Open and closed tendering, Internal conflicts during
purchasing operation
Unit 3: Supplier sourcing, registration, and evaluation
• Spend analysis, Sourcing and supplier registration procedure, Supplier Evaluation and
selection, Blacklisting of vendors
Unit 4: Cost Management, Discounts and Negotiations
• Total Cost of Ownership, Target pricing, Activity Based Costing (ABC), Quantity Discounts and
Supplier Selection, Negotiation Strategy and Practices
Unit 5: Transportation and Delivery
• FOB(Free on board) Terms , INCO(International commercial) terms, Documentation in Freight
shipments, Expediting and tracing shipments, Developing Transportation and logistics
strategy
Unit 6: Capital Goods
• The challenge of procuring capital assets, Sourcing and supply issues, Leasing Equipment,
Acquisition of technology
Unit 7: E-procurement
• Pricing and business strategies for E-procurement platform, E-marketplaces and online
Catalogs, Online Auctions
Unit 8: Price
• Relation of cost to price, Government Influence on Pricing, Contract cancelation
Unit 9: Purchasing Law and Ethics
• Legal authority and Personal liability of the purchasing manager, Purchasing Ethics
Unit 10: Global Sourcing
• Evaluating International suppliers, Intermediaries and Countertrades
Unit 1: Introduction
o What is service Operations Management, Different types services and service
processes, Characteristics of Services, Differences in the operations of services and
manufacturing, Role of Operations in Services, , Challenges facing Service Operations
Managers,
Semester 4
Introduction to World Class Operations: Evolution of Operations, World Class Operations, Building
Blocks of World Class Operations, Models for Operational Excellence
Quality Awards: Quality Awards, Deming Prize, Malcolm Baldrige National Quality Award (MBNQA),
European Quality Award (EQA), Golden Peacock National Quality Award (GPNQA), Rajiv Gandhi
National Quality Award (RGNQA), Comparision of Deming Prize and Baldridge Award, Quality
Certifications, ISO 9000 Standards , Steps in ISO 9000 Registration, Benefits of ISO Series
Total Productive Maintenance (TPM): Concept of Total Productive Maintenance (TPM), Objectives of
TPM, Predictive Maintenance, Objectives of Predictive Maintenance in TQM, Optimal Maintenance
Costs, Total Preventive Maintenance , Overall Equipment Efficiency (OEE), Pillars of TPM,
Terotechnology, Steps in TPM Implementation.
Tools and Practices for World Class Operations: Tools for World Class Operations, Just-in Time
Manufacturing, Kanban, Zero Defects Concept, Design of Experiments, Measurement System Analysis,
Lean Manufacturing, Rapid Prototyping, Value Engineering Benchmarking, Types of Benchmarking,
Process of Benchmarking, Six Sigma Methodology, Features of Six Sigma, Total Quality and Six Sigma,
Concept of Poka Yoke, Poka Yoke Devices, Kaizen, Practice of Kaizen, Benefits of Kaizen.
Business Process Reengineering: Concept of Business Process Reengineering (BPR), Evolution of BPR,
The Three R’s in BPR: Rethink, Redesign, and Retool, Reengineering Process and BPR Project, Principles
of Reengineering, Rapid Completion of BPR Project, BPR and TQM
Quality Function Deployment (QFD): Concept of Quality Function Deployment (QFD), Process of QFD,
Benefits of QFD, House of Quality (HOQ)
Unit 1 : Introduction:
o Approach to design, adjusting an existing strategy, Steps of the designing process, Top-down
or bottom-up design, designing the purpose of operations, designing the operations mission,
Designing the operations goals and objectives
Unit 3: Formulating Corporate & Business level Strategy
o Focus on cost, Focus on product differentiation, Focus on niche or specialized products, Focus
on material management, Focus on timing, Focus on productivity improvement, Focus on
human resource management, Focus on other factors, Benefits of focus
o Capacity management in Operations, Capacity planning concepts, time horizons for capacity
planning (long, intermediate and short range), capacity focus, capacity flexibility, determining
capacity requirements, planning service capacity, capacity utilization and service quality
o The Evolution of Manufacturing and supply chain Strategies; Production and Logistics Strategy
– Lean Production, Agile Supply Chains and Mass Customisation, Taxonomy of Supply Chain
Strategies; Critical Factors Considered in Supply Chain Planning; Operational and Strategic
Issues in Global Logistics; Logistics Outsourcing Strategy (3 PL and 4 PL) – Types of Logistics
Companies.
o Lean techniques for optimizing flow, Risk assessment- FMEA, Design for Six Sigma
(DFSS), Design of experiments
Unit 9: Control/Verify Phase
o Validating the new product or process design, Business process control planning,
Process Audits
Warehouse Management
Unit 3: Planning Warehouse: Site Analysis, Product Mix Considerations, Warehouse Design (Design
Criteria, Material Handling Technology, Storage Plan), the aisle width decision,
Unit 4: Warehousing Activities & Equipment: Product Movement, Product Storage, Information
Transfer, Goods pickers, Handling equipment, Storage equipment, Types of automated picking,
examples of automated picking
Unit 5: Health and Safety: Risk Assessment, layout and Design, Fire Safety, Slips and trips, Manual
Handling, Working at Height, Warehouse equipment legislation, First Aid and other health and safety
arrangements, Warehouse Employee Occupational Health and Safety
Unit 6: Warehousing strategy: Presence Synergies, Industry Synergies, Operating Flexibility, Location
Flexibility, Scale Economies, and Outsourcing (outsourcing decision, choosing the right partner, third
party contractors, why contracts fail, and the future of outsourcing)
Unit 7: Warehouse costs: Types of costs, ROI, traditional versus activity based costing systems,
charging for shared-user warehouse services, logistic charging methods
Unit 8: Warehouse Management Systems (WMS): Why does a company need a WMS? The process
of selecting a WMS, what to look for in a WMS, Choosing the right WMS, SaaS, Cloud Computing
Unit 9: Managing a Warehouse: Stocking the Warehouse, Training Personnel, Developing Standard
Operating Procedures (SOPs), Security Arrangements at the Warehouse, Product Deterioration, Billing
arid Inventory Control, Protocols for Product Recalls, Mobility Devices for More Accurate Order and
Shipping Fulfillment
Unit 10: Emerging trends in Warehouse Management: Lean warehousing, Cost cutting, "last mile"
market, Manufacturing at the DC, automation and technology improvements, Innovations in
Warehousing, Role of Big Data and Analytics in Warehousing.
Unit 1: Concept of Business Ethics: Introduction to Ethics-Objectives, nature and source of Ethics,
Ethics
Vs Morality, Ethics Vs Law, Ethical dilemmas, Introduction to Business Ethics, Features and Relevance
of Business Ethics in the era of globalisation, Creating Ethical Environment in Business Organisation,
Embedding Ethics in Organisation Culture, Guidelines for Ethical Behaviour in Business Organization,
Ethical Leadership
Unit 2: Values, Norms, Beliefs, and Standards in Business Ethics: Concept of Values, Norms, Beliefs
and
Standards in Ethical Context, Characteristics of Values, Types of Values-Spiritual values, Spiritual
Managerial Values and Professional Managerial Values, Business Ethics and Values: Honesty, Trust,
Fairness and Respect, Objective of Value Based Management, Factors Responsible for the
Enhancement and Dilution of Human Values
Unit 3: Indian Ethos: The Relevance of Indian Ethos-Spiritualty at Work, Indian Work Ethos and
Principles
of Indian Management: Principles of Ethical Power for organizations, Nishkam Karma and
Business World, Teachings from Scriptures and Traditions: Mahabharata, Gita and Work Ethos,
Eroding Values and Emerging Ethical Issues in Contemporary Indian Management
Unit 4: Ethical Issues in Functional Area of Management: Ethical Issues in Marketing, Ethical Issues in
HRM, Ethical Issues in IT, Ethics in Production and Operation Management, Ethics in Finance and
Accounting
Unit 10: Identification and Management of Risk: Enterprise Risk Management with 360 Degree
Approach, Risk Registrar: Finance, Operational, Human Resource, Strategy, Information Technology
and Security Risk, Government Policy, Enterprise Risk Management Framework: Casualty Actuarial
Society Framework, COSO ERM Framework and RIMS Risk Maturity Model, Risk Management
Committees, Audit Committee in Risk Management, Council in Risk Management, Risk Champions
Program Name: POST GRADUATE DIPLOMA IN RETAIL MANAGEMENT
Program Structure:
Semester I
Semester II
1. Marketing Management
2. Financial Accounting & Analysis
3. Essentials of HRM
4. Strategic Management
5. Business Statistics
6. Business Law
Semester III
1. Introduction to Retail
2. Consumer Behaviour
3. Merchandising Management
4. Sales Management
5. Retail Store Design and Location
6. Cost & Management Accounting
Semester IV
1. Global Retailing
2. Retail Store Operation and Inventory Management
3. Marketing Research
4. International Logistics & Supply Chain Management
5. Business: Ethics, Governance & Risk
CURICULUM AND DETAILED SYLLABUS
Culture in the Organization: Introduction - Culture and the Business Organization - Components
of Culture - Corporate Culture - Culture and Communication - How to Effect Cultural Change
in the Organization - Implications of Culture in Management - Minimizing Conflict Between
Administrative Action and Cultural Values
Role of Information in Organizations: Data and Information - Value Added Resources - Planning
and Administration Competency - Common Information Technologies - Decision Support System
- Expert System - Group Decision Support System - Teamwork Competency
2. Organisational Behaviour
Learning: The Concept of Learning, Theories of Learning, Learning through Reinforcement, A glance
at Organisational reward system, How to administer reinforcement? The impact of punishment
Motivation: Meaning, Primary Motives, General Motives & Secondary Motives, Motivational
Approaches, Motivation in Practice
Leadership: Introduction, Behavioural Theories, Trait Theories, Contingency Theories, Current
Issues in leadership, Emotional intelligenc e, Leadership styles & their impact on employees
Groups Dynamics & Understanding Work Groups and Teams: What is group dynamics? Formation
of groups, Types of groups, Understanding Group Processes and Issues in Teamwork, Issues faced
in team work, Creating Effective work teams
NMIMS Global Access - School for Continuing Education
Conflict Management: Understanding conflict, Functional & Dysfunctional conflicts, Types of
conflicts, Inter-personal conflict, Intergroup conflict, Conflict Resolution, Allowing f unctional conflict
for Organisational effectiveness
Power & Politics in Organisations: Difference Between Leadership & Power, Sources of Power,
Identifying the sources of Power in an Organisation, Power Tactics, Power In groups, Politics in
Organisations, Factors contributing to Politics, Organisational culture and its responsibility in breeding
politics, Personality development for encountering politics
3. Business Economics
Introduction to Business Economics: Economics and Business Decision Making; Economics: Scope
of economics; economics as a tool for decision making; Business Economics: Definition and scope;
distinction between economics and Business Economics; Economic Indicators and Business Cycles
Demand and Supply Analysis: Demand, Generalized Demand Function, The law of demand,
Shift and movement along demand curve, Elasticity of demand: Price, Income and Cross Price
elasticity of demand, Demand Estimation: Basic concepts , Supply, Generalized supply function,
Supply functions, Shifts and movement in the supply curve, Supply elasticity, Market equilibrium,
Changes in the market equilibrium, Changes in demand (supply constant), Changes in supply
(demand constant).
Cost & Production Analysis: Production in the short run, Total product, Average and marginal
products, Law of diminishing marginal product, Production in the long run, Production isoquants,
Characteristics of isoquants, Marginal rate of technical substitution, Isocost curves, Finding the optimal
combination of inputs, Short run costs of p roduction, Fixed and variable cost, Short run total
costs, Average and marginal cost, Marginal cost curves, Long run costs, Derivation of cost schedule
from a production function, Economies and diseconomies of scale, Economies of scope
Market Failures and Price Regulations: Market failures and need for regulation, Regulations and
market structure, Firm behavior, Price regulation
Globalization and its Impact: Economic, Social, Sustainable Development, Role of Business
in Sustainable Development, Millennium Development Goals, India and the MDGS Business
and Society, Business Organizations as Systems.
Developing A CSR Strategy: Steps in Designing CSR Strategy, Develop a Working Definition
of CSR, Review Corporate Documents, Processes and Activities, Developing a CSR Strategy:
Build Support with Senior Management and Employees, Research what oth ers are doing,
Prepare a Matrix of Proposed CSR Actions, Develop Options for Proceeding and Develop the
Business Case for CSR Action, Decide on Direction, Approach and Focus Areas Implement
CSR Commitments: Develop an Integrated CSR Decision -making Structure, Prepare and
Implement CSR Business Plan, Set Measurable Targets and Identify Performance Measures,
Engage Employees and Others to Whom CSR Commitments Apply, Design and Conduct CSR
Training, Establish Mechanisms for Addressing Problematic Behaviour, Cr eate Internal and
External Communication Plan.
Implementing CSR Strategy: Areas of CSR Implementation, CSR at Market Place: Benefits
of Marketplace CSR, Designing Market Place CSR Activities, CSR at Workplace: Benefits
of CSR at Workplace, Designing Work Place CSR Activities, Environmental CSR: Benefits
of Environmental CSR, Designing Environmental CSR, CSR with Communities, Types
of Interventions: Benefits of Community Interventions, Steps to Design CSR Intervention,
Strategic Partnerships: Reasons for Co rporate NGO Partnership, Criteria for Selecting NGO
Partner, NGO Strategies to Influence CSR.
CSR Monitoring and Measurement: Focus of Measurement , Measure Fewer Things Better,
Measure What Matters, Communicate Fewer Metrics in Multiple Ways, What is Mon itoring?,
Internal Compliance Monitoring, External Monitoring and Measurement Importance.
CSR Reporting: Benefits of Reporting: Whom to Report, How to Report, Contents of CSR
Report, Formats of CSR Communication and Reporting, The Reporting Team, Addition al
References for CSR Reporting.
6. Business Communication
Fundamentals of business writing: Adaptation and selection of words, Use of familiar words, Adapting
to multiple readers
Indirectness in persuasion and sales messages: Determining the persuasion, Gaining attention in the
opening, Making the request clear and positive
Public speaking and oral reporting: Making formal speeches, Defining oral report, Differences between
oral and written reports, Planning the oral report, Te lephone communication
SEMESTER II
7. Marketing Management
Marketing Concepts, Customer Value and Satisfaction: Customer Value – Classification, Characteristics,
Customer Satisfaction, Customer Delight, Monitoring and Measuring Customer Satisfaction, Delivering
Customer Value, Value Chain.
Marketing Environment: Impact on the Strategic Planning Process: Competitive Environment – External,
Environmental Scanning.
Understanding Consumer Behavior: Consumer Behavior, Different Types of Buying Motives, Different
Buying Roles, Developing 7 O’s Framework for Understanding Consumer Behavior, Classification of
Buying Behavior, Consumer’s Decision Process, Factors Influencing Consumer Behavior, Business Market
versus Consumer Markets.
Understanding Industrial Buyer Behavior: Nature of Organizational Buyer Behavior, Analyzing Industry
and Competition, Competitive Advantage and Core Com petence, Organizational Consumers, Buying
Situations, Roles and Responsibility of Buying Centers, Various Functional Departments in the Purchase
Process, Organizational Buyer’s Buying Motives, Organisational Buying Situations, Organisational Buyer’s
Decision Process, Influences on Buying Decisions.
Marketing Strategy: Planning – Designing the Blueprint for the Future, Characteristics of a Good
Marketing Plan, Importance of Marketing Planning, Strategic Corporate Planning by Top Management,
Vision by Top Management, Assigning Resources to each Strategic Business Unit, Applications of
Portfolio Models, Strategic Planning at Business Unit Level, Designing an Overall Marketing Plan.
Market Segmentation and Targeting: Non-segmented Markets, Market Segmentatio n, Segmentation
Basis, Market Entry Strategies, Target Markets – Selecting Target Markets, Target Marketing Strategies,
Positioning.
Demand Measurement and Sales Forecasting: Measures of Market, Demand Estimation and
Measurement, Demand Forecasting, Characteristics of a Good Demand Forecasting Method, Steps in
Demand Forecasting, Techniques of Demand Forecasting, Demand Forecasting of New Products.
Product and Product Life Cycle: Layers of the Product, Classification of Products, Product Mix Decisions,
Organisational Goals and Product Mix, Managing Product Lines, Managing Brands – Types of Brands,
Branding Decisions, Elements of Branding, Brand Equity, Brand Valuation, Brand Building Process,
Product Life Cycle (PLC).
New Product Decisions: New Product Options, Role of New Product Development Process in an
Organization, New Product Development Process, Reasons for Adding a New Product, Improve, Buy or
Drop Decisions for a Product, Consumer Adoption Process.
Distribution Channels and Logistics: Distribution/Marketing Channels, Role of Distribution Channels,
Value Networks, Channel Design Decisions, Channel Management Decisions: A System of Cooperation
and Competition, Channel Integration and Systems, Logistics.
Pricing Decisions: Deciding Pricing Strategy, Objectives of Pricing, Factors Influencing Pricing Decisions –
Cost Factors, Demand Factors, Methods of Pricing, Price Sensitivity and Consumption.
Introduction to Financial Accounting: Nature and Scope of Financial Accounting, Difference between
Financial and Management Accounting ,Basic Accounting Concepts ,Advantages and Limitations
of Financial Accounting
Accounting Process: Accounting Process, Journal, Ledger, Meaning of Subsidiary Books, Bills of
Exchange
Trial Balance to Final Accounts: Preparing a Trial Balance ,Rectifying Errors, Final Accounts
Corporate Accounts: Revised Schedule VI of the Companies Act, 1956 ( W.e.f 1-4-2011)
Cash Flow Statement: Cash Flow Statement , Cash Flow Statements ( AS -3)
Financial Statement Analysis I: Financial Statements, Profit and Loss Account, Balance Sheet
Financial Statement Analysis II: Ratio Analysis, Types of Ratio, The DuPont Equation
Financial Statement Analysis III: Common Size Analysis, Trend Analysis, Percentage Change
Analysis, Management’s Analysis and Discussion: Thinking beyond Numbers
9. Essentials of HRM
Human Resource Planning: Human Resource Planning- Need, Objectives, Process of Human Resource
Planning, Techniques of HR Demand Forecasting- Qualitative Methods, Quantitative Methods,
Factors affecting HR Demand Forecasting, Benefits & Challenges of Human Resource Pl anning
Job Analysis and Job Design: Job Analysis: Definition, Scope ,Process of Job Analysis, Information
Collection for Job Analysis, Methods, Limitations and Effectiveness of Job Analysis, Job Description
- Need , Objectives , Features, Job Specification – Need, Objectives ,Features, Job Design- Nature ,
Process, Effectiveness of Job Design, Contemporary issues in Job Design, Job enrichment, Job
enlargement,
Job rotation
Recruitment and Selection: Recruitment- Meaning & Definition, Purposes & Importance ,Factors
governing recruitment, Sources, Methods of Recruitment, Selection, Differences between Recruitment
and Selection, Process of Selection, Merits and Demerits of the Interview Method, Steps for effective
interviewing, Selection in India, Selection f rom a Global perspective, Outsourcing, Outsourcing
HR in India
Induction and Orientation: Induction- Need, Process, Merits and Demerits of Induction, Orientation -
Purpose, Types, Process of Orientation Program Development, Effectiveness of Orientation
Program, Problems of Orientation
Training and Development: Concept of Training, Training and Education, Need & Importance of
Training in Organizations, Stakeholders in Training, Process of Training, Needs assessment, Internat ional
training issues, How to make training effective ,Types of Training, Cross -cultural training,
Team training, Orientation training, Training and Learning organizations, Concept of Development,
Need of Development in Organizations, Difference between tr aining and development, Coaching and
Mentoring, Difference between coaching and mentoring, Process of Coaching and Mentoring,
Implementation of Coaching and Mentoring in a firm
Human Resource Development: HRD- Meaning, Need, Objectives, Scope, Functions, Process of
HRD, Types of HRD Systems, Effectiveness of HRD
Career Planning and Succession Planning: Career Planning, What is career?, Career stages, Career
choices and preferences, Career Anchors, Career Planning- Objectives, Process, Merits and
Demerits , Succession Planning- Objectives, Process, Merits and Demerits
HR Audit and Accounting: HR Audit- Need, Objectives, Role, Significance ,Process of HR Audit,
Benefits and Limitations of HR Audit, HR Accounting - Need, Objectives, Scope , Methods of HR
Accounting, Benefits and Limitations of HR Accounting, HR Information Systems (HRIS) - Need,
Objectives, Scope, Components , Types of HRIS, Application of HRIS in HR Manag ement, Benefits
and Limitations of HRIS
Models of Strategic Management: Mintzberg, Ansoff, Porter, Prahalad and Gary Hammel, McKinsey’s
7’S Framework: A Tool to Evaluate and Control an Organisation
Strategic Management in Global Environment: Need for Globalization, Different Types of International
Companies, Development of a Global Corporation, Complexity of Global Environment, International
Culture, Implementing Global Strategies
Industry Analysis: Formulation of Strategy, Five Competitive Forces that Shape Strategy, PESTLE
Analysis, Competition and Value, Industry Structure, Technology Lifecycle, Industry Analysis in Practice,
Defining the Relevant Industry
Strategic Management Process: Purposes of Strategic Management Process, Steps involved in the
Strategic Management Process, Strategic Management Process, Strategy Formulation, Constraints and
Strategic Choice, Strategy Impleme ntation, Strategic Control and Assessment
Formulating Corporate-Level Strategy: Balanced Score Card: A Balanced Approach, Grand Strategies:
Strategic Alternatives, Growth/Expansion Strategy, Diversification Strategy, Stability Strategy,
Retrenchment Strategy, Turnaround Strategies, Combination Strategies
Analyzing Resources and Capabilities: Factors affecting the Internal Environment, Resources and
Capabilities as Sources of Profit, Resources of the Firm, Organizational Capabilities, Appraising R esources
and Capabilities, Putting Resource and Capability Analysis to Work, Developing Resources and
Capabilities
Formulating Functional Level Strategy: Putting Strategy into Action, Structural Design, Information and
Control System, Human Resources
Corporate Goals and Strategic Gap: Corporate Goals, Strategic Gap, Porter’s Generic Strategies
Descriptive Statistics: Collection, Processing and Presentation of Data: Descriptive and Inferential
Statistics, Collection of Data, Editing and Classification of Data, Classification of Data, Tabulation of Data,
Diagrammatic and Graphical Representation of data
Measures of Central Tendency: Characteristics of Central Tendency, Arithmetic Mean, Median, Mode
Skewness and Kurtosis: Karl Pearson’s Coefficient of Skewness (SK p), Bowley’s Coefficient of Skewness
(SKB), Kelly’s Coefficient of Skewness (Skk), Measures of Kurtosis, Moments
Correlation Analysis: Types of Correlation, Methods of Calculating Correlation, Scatter Diagram Method,
Co-variance Method – The Karl Pearson’s Correlation Coefficient, Rank Correlation Method, Correlation
Coefficient using Concurrent Deviation
Regression Analysis: Regression Analysis, Simple Linear Regression, Coefficient of Regression, Non-linear
Regression Models, Correlation Analysis vs Regression Analysis, Case Study Problem based on
Regression Analysis and Correlation Analysis
Use of Excel Software for Statistical Analysis: Introduction to Excel, Entering Data in Excel, Descriptive
Statistics, Basic Built -in Functions (Average, Mean, Mode, Count, Max and Min), Statistical Analysis,
Normal Distribution, Brief about SPSS
The Indian Contract Act-Part I: Indian Contract Act 1872: Meaning and Evolution, Standard
Forms of Contract, Privity of Contract, Consent and Free Consent, Consideration
The Indian Contract Act-Part II: Capacity to Contract, Quasi Contracts, Performance of Contract,
Discharge by Contract, Breach of Contract, Indemnity and Guarantee, Bailment, Pledge and
Finder of Goods
The Indian Sale of Goods Act, 1930: Definition and Essentials of a Contract of Sale
Partnership Act, 1932: Introduction to Partnership, Legality of the partnership firm, Overview of
the Limited Liabili ty Partnership Act, 2008.
Consumer Protection Act, 1986: Objective and Scope of the Consumer Protection Act 1986, Rights
of the Consumer, Consumer Protection Councils
Competition Commission Act, 2002-Part II: Rectification of Orders, Other Important Provisions,
MRTP and Restrictive Trade Practices
Right to Information Act, 2005: Salient Features of the Right to Information Act, 2005, Objective,
Public Authorities & their obligations, Designation of Public Information Authority, Public
Information Officers and their Duties, Procedure for Requests for Obtaining Information, Exemption
from Disclosure, Central and State Information Commission, Appellate Authorities
Miscellaneous Laws: Workmen Compensation Act, 1923, Payment of Bonus Act, 1965, Employees
Provident Funds Act, 1952, Payment of Gratuity Act, 1972, Minimum wages Act, 1948, Companies
Act, 2013 , Information Technology Act, 2000
Emergence of Organized Retailing: Organized Retailing in India, Impact of Organized Retail, General
Merchandise Retailers, Service Retailing, Visual Merchandising
Retailing in India: Evolution of Retail in India, Role of Retail in Nations Economy, India in comparison to
the International Markets in Retailing, Tr aditional and Modern Retail Formats in India, Retailing in Rural
India
Theories of Retail: Theories of Retail Development, Concept of Life Cycle in Retail, Business Models in
Retail, FDI in Retailing, Challenges to Retail
Relationship in Retailing: Value and the Value Chain, Retailer Relationship, Factors Influencing the Retail
Shopper, Differences in Relationship Building between Goods and Services Retailers
Retail Strategy: What is Retail Strategy?, Building a Sustainable Competitive Advantage, Growth
Strategies, Strategic Retail Planning Process
Retail Pricing: Retail Pricing Elements, Spreadsheets, Types of Mark -up, Comparison of Mark-up and
Mark-Down, Methods of Pricing Decisions, Factors Affecting the Pricing Elements, Retail Pricing Policies
Customer Service in Retailing: Concept of Customer Service, Importance of Service in Retail, Customer
Service in Retailing, Measuring the GAP in Retail Service
Retail in Different Sectors: Retail in different Sectors in India, Size of Retail and Different Fo rmats in
India, Key Players in Various Retail Format
Modern Day Retail: Retail versus Wholesale versus other channels of distribution, E -Tailing,
International, Retail Franchising, Key Players of Non -Store Retailing Global Growth
Opportunity
14. Understanding Consumer Behavior
Understanding Consumer Behaviour: Consumer Behaviour Defined, Nature and Scope of Consumer
Behaviour, Types of Consumers, Individual Determinants of Consumer Behaviour, External
Environmental factors influencing Consumer Behaviour, Theoretical approaches to the study of
consumer behaviour, Consumer Research, Disciplines involved in the study of consumer behaviour
Applications of Consumer behaviour in marketing
Consumer Motivation & Involvement: Concept of Motivation, Consumer motivation, Involvement and
Consumer Decision-making, Malsow’s Hierarchy of Needs, Frustration and Defense, Motivational
Research, Consumer Involvement, Measuring Consumer Involvement
Consumer Learning and Memory: Behavioural Learning Theories, Memory: Structure and Functioning,
Involvement and Four types of consumer Behaviour, Central and Peripheral route to Persuasion
Consumer Attitude and Perception: Relationship between Consumer behaviour and Consumer decision
making, constituents of Consumer Attitude, Functional Theory of Attitude, Attitude Models, Sensory
Threshold, Concept of Perception, Stages in Perceptual Process, Sensory System and Perception,
Interpretation of Stimuli, Perceived Product and Service Quality, Consumer’s Risk perception
Consumer in Social and Cultural Setting: Characteristics of Culture, Cross -cultural Analysis, Aspects of
Sub-Cultures, Rural versus Urban Consumer Behaviour, Opinion Leaders, Reference Groups, Family life
cycle stages, Diffusion of Innovation, Culture/Sub -cultures impact on 7 Ps of product/service
Merchandise Planning: Merchandise planning, Merchandise control and merchandising stages, Planning
merchandise assortments, the Process of Merchandise Planning
Retail and Category Management: Category management, Category Management Process, Retail
management
Overview of Personal Selling: Definition and Nature of Personal Selling, Objectives of Personal Selling,
Functions of Personal Selling, Diffe rence between Advertising and Personal Selling, Theories of Personal
Selling, Process of Personal Selling, Salesmanship and Sales Promotion
Organizational Strategies and the Sales Function: Problem of Sales Management, Formulation of Sales
Strategy, Sales Strategy, Sales Forecasting, Methods of Sales Forecasting, Sales Quotas, Buying Center
Sales Organization Structure and Sales Force: Setting up Sales Organisation, Factors Determining the
Structure of Sales Organization, Functions of Sales Organization, Ro le of Sales Organisation, Developing
Sales Organisation, Field Sales Organisation Structures, Coordination, Territory Management
Staffing the Sales Force: Recruitment and Selection: Preparing the Job Description and Specification,
Recruitment Sources, Selection Procedure
Continual Development of the Sales Force: Sales Training: Aim of Training, Content of Training,
Methods of Training, Execution of Sales Training, Evaluation of Training Program
Sales Management: Leadership and Supervision: Leadership: Meaning and Concept, Qualities of a
Leader, Principles of Leadership, Factors of Leadership, Key Roles of a Leader, Leadership Skills,
Leadership Styles, Leadership Theories, Need of Supervision, Supervisory skills, Role of Supervisor,
Effective Supervision
Motivation and Reward: System Management: Attitude towards a Compensation Plan, Various Modes
of Compensating a Sales Force, Good Sales Compensation Plan, Motivation to Sales Force, Sales Career
Stages and Motivation, Importance of Motivation Theories for Sales force, Dimensions of Motivation,
Model of Motivation Process, Model of Motivation Process, Motivation Theories, Application of Various
Motivation Theories, Non-financial Factors and their Impact on Sales Force Motivation
Evaluating the Effectiveness of the Organization: Essentials of Sales Force Monitoring Programme,
Principles of Sales Evaluation, Evaluating Performance Standards, Recording Performance of Salesman,
Field Sales Report, Sales Organisation Effectiveness
Sales Issues & Sales Management Information Systems: Sales Budget: Meaning, Sales Control, Sales
Audit, Credit Control, Budgetary Control, Market Share Analysis, Ethical Issues in Sales, Sales
Management Information System, Planning and Control, Reports, Monthly Performance Review,
Channel Sales Management (CSM)
17. Cost and Management Accounting
Introduction to Cost Accounting: Cost Units and Cost Centers,Concept of Cost Accounting,
Methods of Cost Accounting , Traditional vs. Activity Based Costing, Marginal Costing and
Absorption Costing , Cost Control and Cost Reduction, Techniques of Cost Control, Strategic Cost
Management, Long Range and Short Range Planning, Cost Sheet, Make or Buy/Limiting Factor,
Continue or Shut Down
Material and Inventory Control: Materials Control ,Organizing Materials Control, Concept
of Inventory Control, Accounting System for Materials or Inventory Control, Inventory Costing
Methods
Labor Costing and Control: Direct and Indirect Labor, Control over Labor Cost, Cost Accounting for
Labor, Problems Relating to Accounting for Labor, Labor Turnover, Efficiency Rating Procedures
Factory Overheads: Costing, Control and Distribution Meaning and Definition of Overheads,
Factory Overheads Costs, Distribution of Factory Overhead Costs, Under -Absorption and Over-
Absorption of Factory Overheads, Elements of Budgeting
Costing and Controlling Administrative, Selling, and Distribution Overheads: Meaning and
Nature of Administrative Overheads, S elling and Distribution Overheads ,Treatment of Some
Items and Expenses
Job-Order, Batch, Contract, and Service Costing: Meaning and Nature of Job-Order Costing,
Batch Costing, Contract Costing, Difference between Contract Costing and Job Costing, Procedu re
of Contract Costing, Types of Contracts , Value and Profit of a Contract, Service Costing
Standard Costing: Concept of Standard Costing, Components of Standard Cost, Quality Costs,
Variance Analysis
Basic Concepts of Retailing: Introduction to Retailing, Growth of Retailing in World and India,
Scope of Retailing, Retail Sector in India, Retail Formats in India, Forms of Retai l Stores in India,
Current retail scenario in India, Significance of retailing in India, Services Provided by Retailers,
Commonly used Terminologies in the Retail Sector
Introduction to Store: Concept of Retail Store, Types of Retail Stores, Retail Store Operations,
Approaches to Improve Store Operations, Opening and Closing a Store, Store Key Management,
Checklist for Store Opening and Closing
Store Location: Retail Store Location, Principles and Objectives of Retail Store Location,
Importance of Retail Store Location, Types of Retail Store Location, Factors Affecting Retail Store
Location, Location Strategy, Retail Network Planning and Analysis, Retail Geography and Network
Planning, Site Selection Analysis, Steps in the Selection of a Location, Trading Area Analysis
Retail Store Design: Retail Store Design, Basic Concepts in Store Design, Principles of Store
Design, Objectives of Good Store Design, Traditional Versus Modern Store Design, Setting up
Retail Organisation, Store Space Allocation, Different Stages of Space Planning, Benefits of Space
Management, Issues in Space Management, Role of IT in Space Management
Retail Store Layout: Retail Store Layout, Planning a Store Layout, Various Types of Store Layouts,
Grid Layout Forced Path Layout, Free -form Layout, Boutique Layout, Combined Layout, Loop for
Guiding the Shoppers through a Store
Store Display: Concept of Store Display, Purpose of Display, Importance of Display, Rules of Display
Planning, Display Settings, Exteriors of Store, Interiors of Store, Window Displays, Walls as Retail Selling
Tools, Merchandise Presentation and Strategies, by Style, by Size, by Price, by Target, Planogramming,
Shelving, Gondolas-Rounders, Four Ways, Saccades and Fixation, Replenishes
Store Image and Security: Concept of Image Mix, Elements of Image Mix, Employees, Merchandise,
Fixtures, Sound, Odour, Visuals, Elements that Levy Negative Impact on Shoppers, Change of Image,
Security Issues
Emerging Trends in Store Design: Overview of Emerging Trends in Store Designs, Pop-up Shops, a
New Trend in Retailing, Virtual Store Design and Online Shopping, ‘Go Green’ Focused Store Designs,
Concept of Retail Shoppability, Relationship b etween Retail Shoppability and Store Profitability
Basics of Retailing: Meaning of Retaling, Growth of Retailing in World and India, Retail Formats
in India, Concept of a Retail Store, Types of Retail Store s, Commonly Used Terminologies in the
Retail Sector, Future of Retailing
Retail Store Operations: Retail Store Operations, Perspective of Store Operations, Logical Activity
Flow of Store Operations, Store Operations Management System (SOMS), Blueprint for Store
Operations, Monitoring and Controlling Retail Operations, Measuring Profitability of Retail Stores,
Monitoring Performance of Retail Stores, Methods for Improving Store Operations
Opening and Closing of a Retail Store: Opening and Closing a Retail Store, Retail Store Opening
Process, Retail Store Closing Process, Store Key Management, Checklist to be followed for Store
Opening and Closing
Retail Store Location, Design and Layout: Retail Store Location, Types of Store Location, Selecting
Store Location, Retail Store Design, Exterior Store Design, Interior Store Design, Retail Store
Layout
Visual Merchandising in Retail Stores: Visual Merchandising Norms, Visual Merchandising in India,
Operating System of Visual Merchandising, Role and Responsibiliti es of Visual Merchandiser,
Signage in the Retail Store, Types of Signage
Inventory Costs: Inventory Costs in Retail, Lead Time, Demand Forecasting, Management of Stock
Levels, Replenishment Methods
Retail Store Finance Operations: Financial Performance in Retail Stores, Income Statement or Profit
and Loss Statement, Balance Sheet, Measures of Performance Evaluation, Ratio Analysis, Other
Measures
of Performance: Assortment of Products, Measuring Retail Store and Space Performance, Strategic
Profit Model, Budgeting
Retail Store Data and Records: Store Records, Definition of Store Records, Need of Store Records,
Types of Store Records, Accounting System in Retail Stores
Store Security Operations: Security Process in Different Situations, Handling Legal Aspects, Handling
Counterfeit Notes, Ha ndling Tag Beep (Security Tag Handling), Pilferage Handling, Concept of
Shoplifting, Methods of Shoplifting Anti -Shoplifting Options, Measures to Prevent Shoplifting
IT for Retailing and Supply Chain Management: Role of Information Systems in the Retail S ector,
Bar Coding, ERP for Retail, Radio Frequency Identification (RFID)
International Marketing Research: International Marketing Research, Role of Intern ational Marketing
Research, Need for Conducting International Marketing Research, Assessing International
Market Size and Sales Potentials, Scope of Research in International Market, International Marketing
Decisions, International Customer Behaviour, Inte rnational Marketing Research Process,
Information Technology in Marketing Research, Marketing Information System, Decision Support
System (DSS)
Retail Competition: Define Retail Competition, Competing in a Foreign Market, Multi -Country
Competition
and Global Competition, Cross Market Subsidisation, Competitive Advantages in Foreign Market,
Strategic Choice, Strategic Direction, Selection of Organisation -Specific Strategy, Comparative
Scenario of Indian and Foreign Retailing
Global Retailing Strategy: Strategy in Retail, Process of Developing a Global Retail Strategy, Defining
the Mission of an Organisation, Establishing Objectives, Conducting Situation Analysis, Deter mining
an Alternative Strategy, Obtaining and Allocating Resources, Preparing a Strategic Plan, Implementing
the Strategy, Expansion Strategy
Internet Retailing: Concept of Internet Retailing: E -tailing, Features of Online Retailing, Online Retailing
and Pricing, Comparison of Conventional and Online Retailing, Role of Websites in Online Retailing,
Online Shopping and Social Connectivity, Shopping Styles and Attitude of Teens, Shopping Styles and
Attitude of Boomers, Suggestions for Retailers for Better Connectivity
Marketing Research – A Tool for Making Managerial: Concept of Marketing Int elligence, Introduction
to Marketing Research, Types of Marketing Research, Application of Marketing Research
in Different Industries, Bassies to Effective Marketing Research, Ethical Aspects in Marketing Research,
International Marketing Research
MR Process: Concept of Data Collection, Types of Data, Research Design, Types of Research Design,
MR Process: An overview, Translating a Management Problem into an MR Problem, Determining
Whether the Informing Already Exists, Determining Whether the Research Quest ion can
be Answered by MR, Steps Involved in the MR Process, Managing the Research Process, Marketing
Research Proposal, MR Process in an International Environment
Data Collection in MR: Internal and External Sources of Secondary Data, Benefits and Limitat ions
of Secondary Data, Sources of International Secondary Data, Internet as a Source of MR
Data, Qualitative Research Methods for Primary Data Collection - Focus Group, Depth Interview
and Projective Techniques, Quantitative Research Methods for Primary D ata collection – Surveys
and Observational Methods, Opportunity Analysis
Sampling Concepts: Concept of Sampling, Sampling vs. Census, Sampling Design Process, Probability
and Non-Probability Sampling Techniques, Parameters and Statistics Sample Reliability
Attitude Measurement Techniques: Concept and Measurement of Attitude, Components of Attitude,
Attitude Rating Scales, Comparative and Non -comparative Scaling Techniques, Developing a
Multi-Item Scale, Interpreting an Attitude Scale, Selecting an Attitude Scale, Accuracy in Attitude
Measurement
Questionnaire Design: Definition and Objectives of a Questionnaire, Designing Question Content,
Linking with the Required Information, Types of Questions, Question Wording, Order of Questions
and Questionnare, Managing Inability and Unwillingness of Respondent to Answer
Data Analysis Techniques: Statistical Analysis with Frequency Distribution, Measures of Location,
Variability and Shape, Hypothesis Testing, Cross -Tabulation, Data Analysis Techniques, Parametric
and non-Parametric Tests, Advanced Techniques
New Product Development and Test Marketing: New Product Development Process, Techniques
for Product Testing, Test Marketing, Types of Test Marketing, Guidlines for Designing Market Tests
Advertising Research: Concept of Adverting Research - Copy Testing and Recalling Ads, Comprehension,
Opening and Punch/Base line Research, Designing Sample Ad Campaigns, Stages in Advertising
Research Research on Advertising Planning, Advertising Objectives and Media Experiments, Ad vertising
Research for Monitoring and control, DAR Test and Tracking Studies, Consumer Panels, Campaign
Tracking Research, Types of Advertising Research, Determining Effectiveness of the Advertising Medium
for Different Products and Industries, Using NRS a nd IRS in Advertising Decisions
Brand Equity and Corporate Image Research: Brand Equity Research, Positioning Research, Corporate
Image Measurement Research, Sales Promotion Research
Research Report Preparation and Presentation: Organising the Research Report, Interpreting the
Findings, Format of a Research Report, Presenting the Research Report, Differences between Oral and
Written Reports
Emerging Concepts and Applications in MR: Database Marketing, Steps in Database Marketing,
Business Intelligence, Analytics and Big Data, E-commerce, Social and Mobile Marketing
Factors and Challenges Driving Logistics and Supply Chain Management: Introduction; Factors Driving
Global Supply Chain Management; Customs and Global Supply Chain Management; Management of
Inventory in Supply Chain Management; Vendor Management – Factors Driving Development of
Logistics, Asset Management in Supply Chain Management, Lean Supply Chain Management, Lean
Supply Workforce.
Supply Chain Strategies: Introduction; The Evolution of Manufacturing and Production Strat egies;
Logistics and Supply Chain Strategy – Lean Production, Agile Supply Chains and Mass Customisation, Just
In time (JIT); Taxonomy of Supply Chain Strategies; Critical Factors Consid ered in Supply Chain Planning;
Operational and Strategic Issues in Global Logistics; Logistics Outsourcing Strategy (3 PL and 4 PL) –
Types of Logistics Companies.
International Insurance: Introduction; International Interest; Risk Management – Risk Retention, Risk
Transfer, Mixed Approach; Perils of Sea and Air Shipments; Marine Insurance Policies – Marine Cargo
Insurance, Hull Insurance, Protection and Indemnity; Coverage under Marine Cargo Insurance Policy;
Elements of Air Freight Policy; Commercial Credit Insurance – Risks Involved, Risk Management
Alternatives
Prospective Growth in International Logistics and Supply Chain Management: Introduction; Future
Growth of Global Supply Chain Management and Logistics; Co nstraints of Global Supply Chain Man-
agement and Logistics; Future Strategic Focus: Global Supply Chain Management and Logistics.
Concept of Business Ethics: Introduction to Ethics -Objectives, nature and source of Ethics, Ethics Vs
Morality, Ethics Vs Law, Ethical dilemmas, Introduction to Business Ethics, Features and Relevance of
Business Ethics in the era of globalisation, Creating Ethical Environment in Busi ness Organisation,
Embedding Ethics in Organisation Culture, Guidelines for Ethical Behaviour in Business Organization,
Ethical Leadership
Values, Norms, Beliefs, and Standards in Business Ethics: Concept of Values, Norms, Beliefs and
Standards in Ethical Context, Characteristics of Values, Types of V alues-Spiritual values, Spiritual
Managerial Values and Professional Managerial Values, Business Ethics and Values: Honesty, Trust,
Fairness and Respect, Objective of Value Based Management, Factors Responsible for the Enhancement
and Dilution of Human Values
Indian Ethos: The Relevance of Indian Ethos-Spiritualty at Work, Indian Work Ethos and Prin ciples of
Indian Management: Principles of Ethical Power for organizations, Nishkam Karma and Business World,
Teachings from Scriptures and Traditions: Mahabharata, Gita and Work Ethos, Eroding Values and
Emerging Ethical Issues in Contemporary Indian Management
Ethical Issues in Functional Area of Management: Ethical Issues in Marketing, Ethical Issues in HRM,
Ethical Issues in IT, Ethics in Production and Op eration Management, Ethics in Finance and Accounting
2 Organizational Behavior 4
3 Business Economics 4
1 Marketing Management 4
2 Financial Accounting 4
3 Essentials of HRM 4
4 Strategic Management 4
5 Operations Management 4
1|Page
Semester-3 Subjects Credits
1 Business Statistics 4
3 Logistic Management 4
5 Business Law 4
6 Project 4
2|Page
Semester I
Evolution of Management
• Introduction, History of management
• Industrial Revolution
• Forces behind management thoughts
• Approaches of management- Classical approach, Modern approach
• Major contributors- Charles Babbage, Frederick W. Taylor’s theory of scientific management,
Henry Laurence Gantt, Henri Fayol’s administrative theory, Robert Owen, Max Weber’s theory
of bureaucracy, George E. Mayo
• Recent development in management
• Lean Production or JIT
• 5 S system
• Six Sigma
• Kaizen
Nature of Management
• Definition Nature and Purpose of Management
• Management as Science
• Management as an Art
• Functions of Management
• Role of Management in Society
• Social responsibility of the business
• Social responsibility towards different interest groups
• Management administration and cultural values
• Management as a profession
Corporate Culture
• Corporate culture
• Components of corporate culture
• Conflict between corporate culture and administration
• Corporate culture and communication
• Human resource development and organisational culture
Structure of an Organisation
3|Page
• Organisational designs
• Six Box organisational model
• Matrix or Mixed model
• ETZIONI organisational theory
• Factors influencing organisational design
Business Communication
• The concept, Need and Significance of communication
• Types of business communication- Internal and External communication, Formal or Informal
communication, Verbal and non-verbal communication
• Tools of business communication
• Role of business communication in an organisation
• Benefits of business communication
• Limitations of business communication
Managerial decision making
• Concept & Process of managerial decision making
• Centralization & Decentralisation
• Types of managerial decisions
• Importance of managerial decision making
• Information technology and managerial decision making
Leadership
• Meaning, Types, Styles of leadership
• Balance between leadership and management
• Role, Functions, Importance and leadership
• Leadership and team work competency
• Leadership and group decision making
Motivation
• Meaning, Need of Motivation
• Theories of Motivation
• Traditional Theories
MASLOW NEED HIERARCHY MODEL
HERZBERG’S MOTIVATION-HYGIENE MODEL
• Modern Theories
ERG Theory
McClelland's Theory of Needs
Equity Theory of Motivation
• Techniques for stimulating creativity
4|Page
• Motivating Individuals
• Motivating Groups
Change Management
• Meaning, Objectives of change management
• Change management and organisational development
• Forces of change
• Resistance to change
• Managing resistance to change
• Role of leaders in Change Management
Management Information System
• Information technology and management
• Data and Information
• Expert System
• Decision support system
• Group Decision support system (GDSS)- Components, Model of GDSS
• Advantages of GDSS
• Disadvantages of GDSS
2. Organizational Behavior
Syllabus
5|Page
• Individual Behavior
• Biographical Attributes
• Ability
• Values
• Attitudes
• Job Satisfaction
Personality
• Definition of Personality
• Stages of Personality Development
• Freudian Stages
• Erikson Stages (Neo Freudian Stages)
• Adult Life Stages
• Determinants of Personality
• Theories of Personality
• Psychoanalytic Theory
• New Freudian Theories
• Trait Theories
• Social Learning Theory
• The Self Theory
• Significant Personality Traits affecting Organizational Behavior
Perception
• Definition of Perception
• Importance of Perception
• Perception Process
• Perceptual Selectivity
• Factors Influencing Perception
• Impression Management
• Perception of Self-Image and Behavior
• Managerial Implications of Perception
• Managing the Perception Process
Learning
• Significance of Learning
• Theories of Learning
• Classical Conditioning Theory
• Operant or Instrumental Conditioning Theory
• Cognitive Learning Theory
6|Page
• Social Learning Theory
• Meaning of Reinforcement
• Learning through Reinforcement
• Organizational Reward System
• Administering Reinforcement
• Impact of Punishment
Motivation
• Meaning of Motivation
• Characteristics of Motivation
• Different Motives of Motivation
• Primary Motives
• General Motives
• Secondary Motives
• Motivational Approaches
• Theories of Motivation
• Maslow’s Need Hierarch Theory
• Herzberg Two Factor Theory
• Achievement Motivation Theory
• Goal Setting Theory
• Vroom’s Expectancy Theory
• Porter’s Performance Satisfaction Theory
• Motivation in Practice
Leadership and People Skills
• Definition of Leadership
• Significance of Leadership
• Managers vs. Leaders
• Leadership Theories
• Behavioural Theories
• Trait Theories
• Contingency Theories
• Pitfalls of Leadership
• Emotional Intelligence
• Styles of Leadership & their Impact on Employees
Groups and Teams
• Group Dynamics
• Features of Groups
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• Importance of Groups
• Types of Groups
• Formal Groups
• Informal Groups
• Understanding Group Processes
• Formation of Groups
• Theories of Group Formation
• Propinquity Theory
• Homan’s Theory
• Balance Theory
• Exchange Theory
• Concept of Teams
• Difference between Groups and Teams
• Problems in Teamwork
• Creating Effective Teams at workplace
Conflict Management
• Understanding Conflicts
• Sources of Conflict
• Positive and Negative Aspects of Conflicts
• Functional Conflicts
• Dysfunctional Conflicts
• Types of Conflict
• Inter-personal conflict
• Intergroup conflict
• Conflict Resolution and Management
• Encouraging Functional Conflict for Organizational Effectiveness
Power & Politics in Organizations
• Understanding Power
• Difference between Leadership & Power
• Sources of Power
• Identifying the Sources of Power in an Organization
• Power Tactics
• Power in Groups
• Politics within Organizations
• Factors Contributing to existence of Politics
• Role of Politics in Determining Organization Culture
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• Importance of Personality Development for Encountering Politics
3. Business Economics
Syllabus
9|Page
• Law of Diminishing Marginal Utility
• Cardinal Utility Approach- Neo Classical Approach
• Ordinal Utility Approach –Indifference Curve Analysis
• Assumptions of Ordinal Utility
• Indifference Curve- Meaning, properties and Criticism
• Marginal Rate of Substitution
• Concept of Budget Line – Slope and Shifts in Budget Line
• Consumer Equilibrium Effects
• Revealed Preference Theory
Elasticity of Demand and Supply
• Price Elasticity of Demand
• Different Types of Price Elasticity- Elastic Demand, Inelastic Demand, Relatively Elastic Demand,
Relatively Inelastic Demand
• Measurement of Price Elasticity
• Factors Influencing Price Elasticity of Demand
• Significance
• Income Elasticity of Demand
• Cross Elasticity of Demand
• Advertisement Elasticity of Sale
• Elasticity of Supply
Demand Forecasting
• Concept and need of Demand Forecasting
• Factors
• Steps and Limitations
• Techniques - Survey methods, Statistical methods
• Criteria for Good Demand Forecasting
Production Theory
• Concept and factors of production
• Production Possibility Curve
• Production in the Short and Long Run
• Total Product, Average Product and Marginal Product
• Production Function
• Law of Diminishing Returns- Significance, Optimal Employment of Factor of Production
• Isoquant curves - Forms
• Marginal Rate of Technical Substitution
• Elasticity of Substitution between Factors
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• Iso-cost Curves
• Producer’s Equilibrium- Equal Product, Expansion Path
• Returns to Scale- Increasing, Constant, Diminishing
• Different Types of Production Functions- Cobb-Douglas Production Function, Leontief
Production Function, CES Production Function
Cost and Revenue Analysis
• Concept of Cost
• Different Types of Costs- Opportunity costs, Accounting Costs, Economic costs, Business Costs,
Full Costs, Explicit Costs, Implicit Costs Fixed Costs, Variable Costs, Incremental Costs
• Short Run and Long Run Costs of Production
• Short Run and Long Run Average Cost and Long Run Total Cost
• Short Run and Long Run Marginal Costs
• Deriving Cost Schedule from Production Function
• Economies and Diseconomies of Scale
• Economies of Scope
• Concept of Revenue- Average Revenue, Marginal Revenue
• Relationship between Total Revenue and Marginal Revenue
• Relationship between Average Revenue and Marginal Revenue
Market Structure
• Defining Market
• Types of Market Structures- Pure Competition, Perfect Competition, Imperfect Competition,
Monopolistic Competition, Oligopoly, Monopoly
• Profit Maximization in the Short Run and Long Run
• Determinants and Measurement of Market Power
Market Failure
• Meaning of Market Failure
• Price Regulations
• Market Failure and Need for Regulation
• Regulations and Market Structure
• Price Regulation and Firm Behavior
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• Sustainable Development
• Role of Business in Sustainable Development
• Millennium Development Goals and UN Post- 2015 Development Agenda
• India and MDGs
• Indian Companies Act 2013 and CSR
Corporate Stakeholders
• Business and Society
• Business Organizations as Systems
• From Shareholder Theory to Stakeholder Theory
• Stakeholder Engagement
• Dynamic Environment of Business
CSR
• History of CSR in India
• Emerging CSR Trends
• Theories of CSR
• The Pyramid of Corporate Social Responsibility
• Changing Trends: Philanthropy – Strategic Philanthropy – CSR
• Arguments against CSR
• The Business Case for CSR
• Importance of CSR for India Contemporary Drivers for CSR
CSR Strategy
DEVELOPING A CSR STRATEGY
• Steps in Designing CSR Strategy
IMPLEMENTING CSR STRATEGY
• Implement CSR Commitments
• Areas of CSR Implementation
• CSR at Market Place
• CSR at Workplace
• Environmental CSR
• CSR with Communities
• CSR in Supply Chain
• Types of Interventions
• Strategic Partnerships with NGO
CSR MONITORING AND MEASUREMENT
• Focus of Measurement
• Social Auditing
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• What is Monitoring? Internal and External
REPORTING FOR CSR
Importance and Benefits of Reporting
• Formats of CSR Communication and Reporting
• The Reporting Team
ROLE OF GOVERNMENT AND VOLUNTARY CODES IN CSR
• Role of Government
• Government Support at International Level
• Voluntary Codes in CSR
CORPORATE ETHICS AND GOVERNANCE
• Corporate ethics
• Ethics and Functional Areas of business
• What is Corporate Governance?
• Constituents of Corporate Governance
• The Corporate Governance Debate
• Theories of Corporate Governance
• Responsibilities of Corporate Governance
• Global Growth of Corporate Governance
• History of Corporate Governance in India
• The Current State of Corporate Governance in India
• Board Composition in India.
• Corporate Governance: Need to Strengthen
• Corporate Governance and CSR
• Corporate Disclosures & investor protection in India
• Current CSR Bill and its impact on the society
Syllabus
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• Computerized Information System
• Business Process Design , Modelling
• Business Process Re-engineering
• Management of Information Systems
Components of Information Technology
• Hardware Concepts, Software Concepts, Operating Systems, Programming Languages ,
Readymade Packages and their Operating Systems
Networking Concepts
• Meaning of Networking, Need for Networking , Advantages and Disadvantages of Networking,
Characteristics
• Hardware and Software for Networking, Concepts , Types
• Bluetooth as Wireless Technologies - RFID
• Network Models
• Applying Communication Networks – Intranet, Extranet, Internet
Database Management
• Meaning of Database ,Types
• Database Management , Objectives , Functions , Major Components , Database Models
Types of Information Systems
• Different Types of Information Systems
• Operations Support Systems , Transaction Processing Systems (TPS), Process Control System
(PCS), Enterprise Collaboration System (ECS)
• Management Support Systems , Management Information System (MIS), Decision Support
System (DSS), Executive Information System (EIS)
• Functional Information Systems
• Other Types of Information Systems, Expert System , Knowledge Management System
(KMS),Strategic Information System (SIS),Business Information System (BIS), Integrated
Information Systems
ERP
• Defining ERP , Evolution of an ERP System, Benefits , ERP Implementation
• Reasons for the Failure of ERP Implementation
Electronic Data Interchange (EDI)
• Introducing EDI , Standards of EDI
• Transmission Modes of EDI : VAN ,Internet/AS2,Web EDI
• Disadvantages of EDI
Data Warehousing, Data Mining, and Business Intelligence
• Data Warehousing , Need , Goals, Constituents
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• Definition of Data Mining, Parameters, Working
• Types of relationships
• Architecture of Data Mining, Functionalities
• Classification on Data Mining system
• Meaning of Business Intelligence, Evolution , Importance
Decision Support System (DSS)
• Introducing Decision Support System (DSS)
• Evolution , Components , DSS Architecture
• Analytical Models in DSS
• Characteristics , Types , Tools and Technologies Supporting DSS
• DSS and Outsourcing
• Group Decision Support Systems
Customer Relationship Management (CRM)
• Define CRM , Components of CRM, Three Phases of CRM, Benefits and Challenges of CRM, New
Trends in CRM
Supply Chain Management (SCM)
• Meaning of Supply Chain , Define SCM, Objectives of SCM, Components of SCM, Difference
between Logistics Management and SCM, Scope , Benefits and Challenges of SCM, New Trends
in SCM
Building and Deploying an Information System
• Architecture of an Information System
• Software Development Lifecycle
• Software Development Models : Waterfall model, Prototype model, Incremental model, Spiral
model
• Requirement Analysis & Design Considerations
• Software Testing
• Deploying an Information System
Managing Information Systems
• Infrastructure Management
• Maintenance of Information Systems
• Management of Changing Requirements
• Incidence Handling
• Disaster Recovery and Business Continuity Planning
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6. Business Communication & Etiquettes
Syllabus
Communication in workplace
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• E mails
• Tools for constructing messages
• Computer tools for gathering and collecting information
• Eye contact
• Body language
• Handshake
• Business card etiquette
• Work habits- punctuality, prioritize your work, stay positive, Bring solution etc
Aspects of Communication
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Semester II
1. Marketing Management
Syllabus
2. Financial Accounting
Syllabus
Balance Sheet
Accounting Process: Journal, Ledger and Trail Balance
Corporate Accounts: Format of Company Accounts
Cash Flow Statement: Preparation, Analysis and Implications
Financial Statements Reporting As per Accounting Standards: AS 1 and 2
Financial Statements Reporting As per Accounting Standards: AS 6 and 9
Financial Statements Reporting As per Accounting Standards: AS 13, 17, and 20.
Financial Analysis: Trends, Common Size, Ratios
Management Analysis and Discussion
Comparison: IFRS, GAAP, Indian Accounting Standards
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Financial Statement Analysis
3. Essentials of HRM
Syllabus
Objectives of HRM, Scope of HRM, Evolution of HRM, HRM functions, Challenges, Personnel
Management
Job analysis, Information collection for job analysis, Job description and Job specification, Job
design
Human Resource Planning: need, objectives, process and problems
Recruitment – sources and methods, Selection – process, induction and outsourcing
Competency Mapping – developing competency models, uses; Assessment Center: history,
measurement tools, difference between assessment center and development center
Performance appraisal: process, methods, benefits, problems; Coaching and Mentoring:
process and implementation
Potential Appraisal: purpose and techniques; Career Planning: meaning and process; Succession
Planning: meaning, pros and cons
HR Audit: Objectives, role, significance, process, pros and cons; HR Accounting: methods, pros
and cons; HR Information Systems: application, pros and cons
Human Resource Development System: need, functions, systems, HRD process, HRD
effectiveness, Strategic management & HRM
Training and Development: training and education, stakeholders in training, need for training
and development, training and learning organisations, process of training, cross cultural
training, team training, orientation training
Compensation and Rewards: need for compensation, uses, components of compensation,
industry compensation, international compensation, fringe benefits & FBT, reward
management – goals, reward systems, recognition
4. Strategic Management
Syllabus
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Portfolio Strategy.
Formulating Business Level Strategy – Porter’s Competitive Forces and Strategies, Cooperative
Strategies.
Strategic implications of five competitive forces, Evaluating company resources and competitive
capabilities, Competencies, core and distinctive competencies and competitive advantages.
Formulating Functional level Strategies – Putting strategy into action‐leadership‐structural
design, Information and control systems, human resources – Implementing global strategies.
Corporate goals and strategic gap, Five generic strategies (Porter’s model)
Managing internal organization for Strategy implementation
5. Operations Management
Syllabus
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• Reports
• Proposals
• Minutes and notes
• Internet as communication medium --- websites, advertising, blogs etc
• Verbs –[tenses; active and passive voice; Subject-Verb Agreement; Negative and Interrogative
formation]
• Nouns, Noun Phrases, Pronouns
• Modifiers --- [adverbs, adjectives, dangling modifiers]
• Concord; Parallel structure,
• Avoiding gender bias
• Writing Tactfully
• Punctuation
• Numerals
Oral Communication
• Characteristics of spoken language --- Features of oral communication --- Skills and self
management
• Voice Dynamics (with voice CD) -- Self presentation --- Body language
• Listening skills
• Preparing and Making Presentations
• Meetings and GD skills
• Interview skills
• Dialogue skills (negotiation)
Telephone, Tele-conferencing
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Semester III
1. Business Statistics
Syllabus
Introduction to Statistics
Business Statistics
Descriptive Statistics
Measures of Central Tendency
Measures of Dispersion (Variance)
Skewness
Kurtosis
Correlation Analysis
Regression Analysis (Limited to 2 Variable Regression Model)
Theory of Probability
Probability Distribution
Use of Excel Software for Statistical Analysis
Introduction
The Need for Supply Chain
Understanding the Supply Chain Management
Participants in Supply Chain
Levels of Supply Chain
Role of a Manager in Supply Chain
Supply Chain Performance Drivers
Key Enablers in Supply Chain Improvement
Inter‐relation between Enablers and Levels of Supply Chain Improvement
Aligning the Supply Chain with Business Strategy
SCOR Model
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3. Logistics Management
Syllabus
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5. Total Quality Management
Syllabus
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and SAP Functionality, SAP R/3 System Overview, R/3 as the Vehicle for Business Integration
ERP Modules: Modules of ERP, ERP Production Planning Module, ERP Purchasing Module, ERP
Inventory Control Module, Warehouse Management, ERP Sales and Distribution Module, ERP
Financial Module, HR Module, CAQ and CIQ, Plant Maintenance
ERP Market: SAP AG, Baan Company, Oracle Corporation, PeopleSOft, J.D> Edward World
Solution Company, SSA Inc., QAD, Selection of ERP Packages and Modules
ERP Implementation: ERP – An Overview, Role of Consultants, Vendors and Users, ERP: Post
Implementation Options, ERP Implementation Methodology
Vendors, Consultants and End Users: Vendors, Consultants, End Users, In‐house
Implementation
Future Direction in ERP: New Market, New Channels, Future Directions in ERP, Faster
Implementation Methodologies, Business Models And Business Application Programming
Interfaces (BAPIs), Convergence of Windows NT, Application Platforms, New business
Segments, More Features, Web Enabling
ERP‐II: Exploring ERP‐II, What are the Added Features In ERP II?, What the Future Holds for
ERP?, An Introduction into Open Source ERP Technologies, What are the Facilities Offered by
Web Enabled ERP Services?, Benefits of ERP Logistics Package.
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Semester IV
1. Advanced Supply Chain Management
Syllabus
The Role of Supply Chain in Economy & Organization: Introduction; What is Supply Chain/ its
Objectives & importance; Evolution of Supply Chain Management; Key Concepts in Supply Chain;
Enablers of Supply Chain; Supply Chain Performance in India
Aggregate Planning in Supply Chain : Role of Aggregate Planning in Supply Chain; Strategies &
Problems; Implementing Aggregate Planning in Practice
Managing Cross‐functional Drivers in Supply Chain: Role of Sourcing in Supply Chain;
Sourcing: Planning & Analysis; Supplier Selection/Procurement Process; Risk Management in Sourcing;
Impact of IT on Sourcing Strategy
Outsourcing; Introduction; Make vs. buy: Strategic Approach; Identifying Core Processes; Sourcing
Strategy; Third Party & Fourth Party Service Providers
Managing Material Flow in Supply Chain: Introduction; Types of Inventory; Inventory Related
Costs; Managing Economies of Supply Channels in Supply Chain; Role of Cycle Stock/Seasonal Stock in
Supply Chain; Impact of Supply Chain Redesigning on Inventory policy; Managing Uncertainty in a Supply
Chain: Safety Stock; Managing Inventory for Short Life Cycle Products; Multiple Item, Multiple location
Inventory Management; Determining the Optimal Level of Product Availability
Designing & Planning Transportation Networks: Role of Transportation in a Supply Chain;
Drivers of Transportation Decision; Modes of Transportation & their Performance Measures; Devising
Strategy for Transportation; Transportation Infrastructure & Policies; Vehicle Scheduling; Transportation
Costs
Designing Distribution Networks & Application to e‐business: Role of Distribution in Supply
Chain; Factors Influencing Distribution Network Design; Network Operations Planning; Network
Design Problems; Incorporating Uncertainty in Network Design; Data for Network Design; the Role of IT
in Network Design
Pricing & Revenue Management: Introduction; Role of Pricing & Revenue Management in Supply
Chain; Revenue Management for Multiple Customer Segments; Pricing under Capacity Constraints;
Revenue Management under Uncertain Demand & Limited Capacity Situations; Revenue Management
for Inventory Assets; Innovative Pricing
Managing Information Flow in Supply Chain: Demand Forecasting; Role of Forecasting in Supply
Chain; Qualitative & Quantitative/Time Series Forecasting Methods; Role of IT in
Forecasting; Risk Management in Forecasting
Information Technology in Supply Chain: Introduction; Role of IT in a Supply Chain; Enabling
Supply Chain through IT; Strategic Management Framework for IT Adoption in Supply Chain; Supply
Chain Application at Marketplace; Future Trends
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Supply Chain Innovations: Introduction; Supply Chain Integration; Model for Integrating Inbound
and Outbound Networks; Global Supply Chain Design; Internal & External Integration; Building
Partnership & Trust in a Supply Chain
Supply Chain Restructuring: Supply Chain Mapping; Supply Chain Process Restructuring;
Postponing the Point of Differentiation; Reengineering Improvement in SCM
Supply Chain Strategies & Performance Measures: Customer Service & Cost Trade‐off; Drivers
of Supply Chain: Facilities/Inventory/Transportation/Information/Sourcing/Pricing; Internal & External
Performance Measures; Linking Supply Chain & Business Performance; Enhancing Supply Chain
Performance
Historical Perspective: World Class Excellent organizations – American and Japanese Companies
Deming Awards, Malcolm Baldrige National Quality Award – Globalization – Global Companies – Models
for manufacturing/operational excellence – Business Excellence.
Bench marking, Bottlenecks and Best Practices: Concepts of benchmarking, bottlenecks and
best practices, Best performers – Gaining competitive edge through world class manufacturing – Value
added manufacturing – and value reengineering, eliminating waste – Toyota Production System –
example.
System & tools for world class operation: Improving Product & Process Design – Lean
Manufacturing – SQC, FMS, Rapid Phototyping, Poka Yoke, Kaizen, 5‐S, 3M, use of IT, JIT, Product Mix,
Optimizing, Procurement & stores practices, Total Productive maintenance, Visual Control.
Typical characteristics of WCM companies: Performance indicators – what is world class
performance – Six Sigma philosophy, Software in use, Problems in implementation, Indian experience,
and optimized production technology.
Total quality Management: Philosophy, TQM principles, TQM Tools, Quality through design, Quality
Management System and ISO 9000, QS 9000 etc. Total productive Maintenance, Concept of reliability,
reliability improvement, Concept of maintainability and Maintainability improvement.
Automation in Design and Manufacturing: Role of IT in World class Manufacturing, Concept of
Flexible Manufacturing System, Group technology, Cellular Manufacturing systems.
Environmental Pollution: Factors causing Pollution, Effect on human health, Control of environment
Pollution. Social responsibility in world class manufacturing
Indian Scenario: Leading Indian companies towards world class manufacturing – Task Ahead.
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3. Decision Analysis and Modeling
Syllabus
Use of quantitative techniques in decision making: Elements of linear algebra, Linear programming
Simplex method, artificial variable, Duality in L.P, Sensitivity analysis.
Rational model, Simon’s normative model, individual vs. group decision making, Vroom and Yetton’s
Normative model
Network flows, shortest path, Minimum spanning tree, Maximum flow, Minimum cost flow problem,
Transportation problem, Degenerate, Artificial problem, transshipment model.
Integer programming, 0‐1 mixed integer programming, Problem formulation, Branch and bound
method, cutting plane method, Game theory, Two person Zero sum game, Saddle point, Mixed
strategies, Use of dominance, Sub game method.
Decision Science making under certainty: Risk under certainty situations. Decision tree for decision
making. Bayesian approach in decision making. Break Even Analysis under certainty. Investment analysis
under certainty.
Single equation models with one and two explanatory variables plus ANOVA in regression analysis,
Logistic regression, CART (classification and regression trees)
Statistical forecasting techniques. Auto ceorrelation, Hetroscedasticity, Multicollinearity, distributed lag
models. Simultaneous equation models, ILS, SSL.
Probabilistic modeling as exploratory decision, Pareto analysis, Monte Carlo simulation, Brain Storming
process.
Ships – different types and sizes with their important features and their suitability to different cargoes.
Basic shipping terminology including abbreviations. General particulars of ships. Bills of Lading –
functions, conditions, contents, types and general information. Classification Societies – background,
their functions and importance. Statutory documents on board including mandatory surveys and safety
certificates. Stowage factors and densities – importance in the carriage of dry and liquid cargoes, effect
of density of water (fresh, salt, brackish). Different freight units. General structure of shipping industry –
liner and tramp services.
Liner shipping – essential features; break bulb; mode of utilization; concept of intermodalism; container
sizes and types; container terminology; freighting; CYs, CFSs and ICDs; marketing of liner shipping;
documents.
Tramp shipping – types of charters – time, trip‐time, voyage, consecutive voyages, bareboat; contract of
affreightment, features of dry bulk and tanker chartering; names of different charter [arty forms for
different trades.
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Cargo handling equipments used on board and ashore.
Agents – ship, port and liner agents and their roles in shipping. Freight forwarders, freight brokers, ship
brokers and other intermediaries in shipping.
Structure of shipping – services of master and crew, etc.
Cargo Documentation – Manifest, Mate’s Receipt, Tally sheets, Notice of Readiness, Statement of Facts,
etc.
Custom house work – Inward and outward entry of ships documentation.
Shipping procedures in ports for exports and imports for break‐bulk/bulk cargoes Customs Bill of Entry
and Shipping Bill
Business communication in shipping – letter writing, telex, fax, e‐mail, report‐writing, memo writing,
charts and graphs.
5. Business Laws
Syllabus
The Indian Contract Act, 1872: Evolution of Contract Act its meaning, essentials of a valid
contract; nature of contract distinction between contractual obligation and legal obligation, agreement,
to sell, requisite of a valid contract, offer and invitation to offer, modes of acceptance, communication
of offer, express and implied terms, standard forms of contract, exclusion clauses, kinds of agreement,
valid, void and voidable agreement; unilateral, bilateral and international contracts; Validity‐kinds of
mistake, mistake of law and fact‐and the remedies thereof available, Misrepresentation of material fact,
fraudulent and innocent misrepresentation and the remedies available, coercion and undue influence
the effects and the remedies available to the aggrieved. Undue influence the effects and the remedies
available to the aggrieved person; Consideration‐ Past, Present and Future, essential of valid
consideration, sufficiency of Consideration, consideration and promissory estoppels, Privity of Contracts
and of Consideration; Capacity to contract‐Minor, Lunatic and enemy; unlawful and illegal agreement,
Agreement void under the Statue. Quasi Contracts; Termination and discharge of contract: Performance
of contract, Different modes of discharge of contract, Performance as to place, time, joint performance
of promises, apportionment of payments. Discharge by agreement, Novation and assignment, remission
of performance, discharge by frustration‐when plea of frustration is admission and the rights and
liabilities of the parties when frustration operates; Breach of Contract‐breach and anticipatory breach of
contracts, damages and specific relief, types of damages and their remedies available to the aggrieved
person; Indemnity and guarantee‐ Parties to contract of indemnity and guarantee; Difference between
indemnity and guarantee, surely and indemnifier, specific guarantee and continuing guarantee; Rights of
the indemnified, surety right against principal debtor and Co‐surety; Bailment, Pledge and Finder of
Goods‐ Nature and essential features of bailment and pledge, bailment for reward gratuitous bailment,
bailee’s duty, pledge as a special kind of bailment. Pawnee’s right against the pawner and Pawners right
against the Pawnee. Finder of goods as quasi as quasi bailee, duties of finder of goods and his rights and
liabilities for reward, sale; Law of agency‐Agency and other forms of Contract, Types of Agencies like by
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holding out, operation of law, estoppels, express, implied, Sub‐agent, substituted agent and ratified,
Relationship of principal and agent, Rights and liabilities of the Agent against third party, Rights and
liabilities of the Agent against Principal, undisclosed Principal and the rights and liabilities to the parties.
Termination of agency and its modes.
The Indian Sale of Goods Act, 1930: Essentials of a contract of sale; sale distinguished from
agreement to sell; Bailment; contract for work and labour and hire‐purchase; Consitions and warranties;
Transfer of title by non‐owners; doctrine of caveat emptor; performance of the contract of sale; Unpaid
seller‐his rights against the goods and the buyer.
Partnership Act, 1932: What constitutes a partnership deed and types of partnership, legal
position of a minor partner and his rights and liabilities; Distinction between partnership firm, Co‐
ownership joint Hindu family and joint stock companies, legality of the partnership firm, types of
partners; Express and implied authority, scope of implied authority, Rights and liabilities of a partner
against third party and other partners; Rights of newly admitted partners, retiring and deceased
partners, registration of and dissolution of partnership forms; Overview of the Limited Liability
Partnership Act, 2008.
Negotiable Instruments Act, 1881: Features of promissory notes, bills of exchange, hundis,
cheques, bank drafts, traveler’s cheque and the rights and duties of various parties to these
instruments; Law of presentment of these instruments, honor and dishonor of negotiable instruments,
material alteration, noting and protesting. Law relating to foreign bills their noting and protesting etc;
Law relating to payment of customer’s cheques of paying banker‐rights and duties, overdraft
agreements, wrongful dishonor of cheques, stale cheques, forgery of cheques, liability due to negligence
of parties and material alteration, payment in due course; Law relating to the collecting banker‐
statutory protection, effects of negligence, role as a agent or holder in due course, precautions to be
taken in collection of bills, cheques for the customers and third parties.
Law of Carriage of Goods: The Carriers Act, 1865(1972)‐ Definition of contract of
carriage of goods, classification of carrier‐common carrier, private carrier, gratuitous carrier,
responsibility of common carrier and Bailee, rights of a common carrier, duties of a common carrier,
liabilities of a common carrier, distinction between a common carrier and private carrier; Carriage of
goods by Rail‐Railway Act, 1989‐ Maintenance of rate books for carriage of goods, Provision of rate risks,
railway receipt, liability of railway administration from wrong delivery, responsibility of railway
administration as career‐of goods, of animals, of luggage, exoneration from liability in certain cases,
delay or retention in transit, railway risk rate, liability for damages to goods in defective condition or
defectively packed and liability after termination of transit; Carriage by Sea‐The Carriage of Goods by
Sea Act, 1925 (amended in 1993), and the (Indian) Bill of Lading Act, 1856‐contract of affreightment,
express and implied terms in a contractor of carriage by sea‐implied warranty of seaworthiness, implied
warranty of commencement of voyage, Nondeviation of voyage, Shipper not to ship dangerous goods,
bill of lading.
Consumer Protection Act, 1986: Objective of consumer protection act 1986, definition
complaint, consumer, contract of service and contract of service, consumer dispute, restrictive trade
practice, defect, deficiency; Consumer protection council‐central consumer protection council, state
consumer protection council, district consumer protection council; Redressal machinery, jurisdiction,
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complaint before them, district forum, sate commission, national commission, limitation period,
administrative control, power of redressal agencies; Nature and scope of remedies under the act‐
appeals penalties proceeding before consumer forums and applicability of arbitration act.
Competition Commission act, 2002: Definition‐acquisition, agreement, cartel, chairperson,
commission, consumer, Director General, Enterprises, goods, member, etc., Anti Competitive
Agreement, Prohibition of abuse of dominant position, Combination; Competition Commission of India‐
Establishment, powers of them member, inquiry into certain agreement and dominate position of
enterprises, Inquiry into combination by commission, procedure for enquiry of the complaints,
Procedure for investigation of combination, appearance before commission, Power of the commission,
ratification of orders, Execution of orders by the commission, Compensation in case of contravention,
Competition appellate tribunal procedure and powers, execution of orders, and ability on contravention
of orders, appeal to Supreme Court, power of the Central Government, MRTP (Monopolistic Trade
Practice, unfair Trade Practice) & Restrictive Trade Practice.
Right to Information Act, 2005: Salient features of the Right to Information (RTI) Act, 2005;
Objective, Public Authorities & their Obligations; Designation of Public Information, Officers (PIO) and
their Duties; Request for obtaining Information, Exemption from disclosure; Who is excluded;
Information Commissions (Central & State) and their powers; appellate authorities; penalties,
jurisdiction of Courts; Role of Central/State Governments.
Other Laws: Workmen Compensation Act, 1923; Object, scope and major provisions including
proceedings before the Commissioner, appeals, compliances, penalties, special provisions; Payment of
Bonus Act, 1965; Object, application and major provisions; Exemption; compliances, offences and
penalties; Employees Provident Funds Act, 1952; Application, major provisions, Exemption and
compliances; Payment of Gratuity Act, 1972; Application, major provisions, Controlling Authority and
the Appellate Authority, obligations and rights of employees and compliances; Minimum wages Act,
1948; Object and its scope, fixation, payment of wages, Advisory Board, Central Advisory Board;
Authority and claims, compliances, offences and penalties.
6. Project
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